Walder Wyss advises Swiss Life on CHF 600m senior bond issue

Swiss Life Holding successfully placed three tranches of senior bonds totalling CHF 600 million on 11 January 2023, comprising a tranche of CHF 200 million with maturity in 2026 and a 2.04% coupon, a tranche of CHF 200 million with maturity in 2028 and a 2.2588% coupon and a tranche of CHF 200 million with maturity in 2032 and a 2.61% coupon. The bonds were placed with investors in the Swiss franc market. The proceeds will be used for general corporate purposes, including future refinancings of outstanding debt instruments.

Walder Wyss acted as legal counsel to Swiss Life on this transaction. The team was led by Markus Pfenninger (partner, transactions, pictured left) and Ramona Wyss (partner, transactions, pictured right) and included Maurus Winzap (partner, tax) and Christian A. Schmid (associate, transactions).