Welcome to CapLaw

CapLaw is a digital newsletter with international reach established and led by the General Editors. We provide up-to-date information on legal and regulatory developments regarding the capital markets, publish concise articles on developments in the Swiss and international financial markets, and announce recent deals and forthcoming events. CapLaw is addressed to all Swiss and international lawyers, in-house counsel, financial institutions and corporates, as well as those who are interested in the Swiss capital markets.

The General Editors
René Bösch, Homburger AG
Matthias Courvoisier, Baker McKenzie Switzerland AG
Benjamin Leisinger, Homburger AG
Ralph Malacrida, Bär & Karrer AG
Nina Reiser, University of St.Gallen
Thomas Reutter, Advestra AG
Patrick Schleiffer, Lenz & Staehelin
Philippe A. Weber, Niederer Kraft & Frey AG
Thomas Werlen, Quinn Emanuel Urquhart & Sullivan, LLP

CapLaw Themes
CapLaw PDF Archive
  • Highlights of the AGM season 2022 

    This article provides an overview on this year’s AGM season in Switzerland. It looks back at the AGMs already held, discusses the particularities of the season and provides an outlook to the next season. By Anna Peter (Reference: CapLaw-2022-14)

    By

    Anna Peter

    Reference:
    Read more: Highlights of the AGM season 2022 
  • The Impact of the revised Data Protection Act on Outsourcings by Swiss Financial Institutions

    On 25 September 2020, the Swiss parliament adopted the entirely revised Data Protection Act (revDPA), which largely follows the regime provided by the EU General Data Protection Regulation (GDPR) with very limited Swiss finishes. On 3 March 2022, the target date for entering into force of the revDPA has been set for 1 September 2023….

    By

    Leo Rusterholz

    Reference:
    Read more: The Impact of the revised Data Protection Act on Outsourcings by Swiss Financial Institutions
  • Collective Redress in Switzerland and the EU –Where does it stand?

    Collective redress has been one of the most debated topics in the field of civil procedure over the last decades in both Switzerland and the European Union. Recently, there have been several new developments: In the European Union, member states are in the process of adopting national laws implementing the EU directive on collective redress,…

    By

    Thomas Werlen

    /

    Konstantin Oppolzer

    /

    Jonas Hertner

    Reference:
    Read more: Collective Redress in Switzerland and the EU –Where does it stand?
  • Initial Public Offering EPIC Suisse AG

    On 25 May 2022, EPIC Suisse AG announced the pricing of its IPO and start of trading on SIX Swiss Exchange. The offer price was set at CHF 68 per share and a total of 2,686,567 shares were placed in the IPO, implying a market capitalisation of CHF 693 million (before exercise of the Over-Allotment…

    By

    CapLaw

    Reference:
    Read more: Initial Public Offering EPIC Suisse AG
  • Kantonsspital Aarau AG’s Issuance of Green Bonds

    On 23 May 2022, Kantonsspital Aarau AG (KSA) completed the issuance and placement of its first green bond in an amount of CHF 120 million The net proceeds are intended to be used, amongst other things, for the financing of “Dreiklang,” KSA’s new ecological construction project. The company is committed to providing sustainable acute and…

    By

    CapLaw

    Reference:
    Read more: Kantonsspital Aarau AG’s Issuance of Green Bonds
  • Feintool International Holding AG’s Rights Offering

    On 12 May 2022, Feintool International Holding AG announced the completion of its capital increase by way of a rights offering launched on 28 April 2022, in which Feintool shareholders were allocated subscription rights in proportion to their shareholdings in Feintool. Shares not taken up in the rights offering were subsequently sold to investors in…

    By

    CapLaw

    Reference:
    Read more: Feintool International Holding AG’s Rights Offering
  • Mobimo Holding AG’s Rights Offering

    On 6 May 2022, Mobimo Holding AG completed its rights offering and listing of shares on SIX Swiss Exchange arranged by UBS and ZKB. The capital increase was made by way of a rights offering launched on 21 April 2022, in which Mobimo shareholders were allocated subscription rights in proportion to their shareholdings in Mobimo….

    By

    CapLaw

    Reference:
    Read more: Mobimo Holding AG’s Rights Offering
  • Sonova’s Issuance of Dual-Tranche Bonds

    On 2 May 2022, Sonova Holding AG successfully placed CHF 450 million Bonds. The Bonds are governed by Swiss law and are to be listed on the SIX Swiss Exchange. The Bonds will be issued in two tranches, the first tranche with a duration until 2029 and a coupon of 1.050% and the second tranche…

    By

    CapLaw

    Reference:
    Read more: Sonova’s Issuance of Dual-Tranche Bonds
  • Zürcher Kantonalbank’s Issuance of Fixed-to-Floating Rate Tier 2 Bonds

    On 13 April 2022, Zürcher Kantonalbank successfully completed its issuance of EUR 500 million 2.020 per cent. Fixed-to-Floating Rate Tier 2 Bonds due 2028. The Bonds are regulatory capital instruments that are eligible to fulfil Zürcher Kantonalbank’s Swiss gone concern requirements.

    By

    CapLaw

    Reference:
    Read more: Zürcher Kantonalbank’s Issuance of Fixed-to-Floating Rate Tier 2 Bonds
  • Bell Food Group’s Issuance of Bonds

    On 11 April 2022 Bell Food Group placed CHF 300 million bonds with a term to maturity of 7 years. The net proceeds will be used to refinance the existing bond that matured on 16 May 2022 as well as for general financing purposes, in particular for the investment programme for Switzerland. With this investment…

    By

    CapLaw

    Reference:
    Read more: Bell Food Group’s Issuance of Bonds