News, Deals & Cases

On 8 July 2025, Zürcher Kantonalbank successfully completed its issuance of EUR 500 million 2.762%. Fixed Rate Bonds due 2030 (the Bonds). The senior unsecured bonds have been issued under Zürcher Kantonalbank‘s Swiss base prospectus consisting of the applicable summary and securities note for the issue of bonds and STNs of Zürcher Kantonalbank dated 20…

On 1 July 2025, the Swiss specialty vehicle manufacturer Aebi Schmidt announced the successful completion of its merger with The Shyft Group, thereby creating a world-class specialty vehicles leader with sales of approx. USD 2 billion per year and 70 locations worldwide. The shares of the combined Aebi Schmidt Group (NASDAQ: AEBI) started trading on…

Ultima Capital SA (Ultima), a Swiss luxury real estate owner and operator listed on BX Swiss, conducted its second contribution in kind of real estate assets by its largest shareholder Yoda PLC (Yoda). The contributed assets are pertaining to the Nammos Village and restaurant real estate in Mykonos, Greece. The assets were valued at EUR 133.7…

On 27 June 2025, Raiffeisen Schweiz Genossenschaft successfully completed its issuance of CHF 250 million 0.785% fixed rate green bonds due 2030 under its issuance program for money market instruments, bonds and green bonds. This issuance marks the first issuance of a green bond by Raiffeisen Schweiz Genossenschaft.  Raiffeisen Schweiz Genossenschaft acted as Sole Lead Manager…

On 26 June 2025, the República Oriental del Uruguay, acting through the Ministry of Economy and Finance of the Republic of Uruguay and represented by the Sovereign Debt Management Unit, placed a total of CHF 320 million bonds in the Swiss market. The bonds comprised two equal tranches of CHF 160 million at 5 and…

On 25 June 2025, Idorsia Ltd published its public repurchase offer to exchange its CHF 200 million senior unsecured convertible bonds due 2025 and its CHF 600 million senior unsecured convertible bonds due 2028. The Bonds will be exchanged for an offer consideration consisting of (i) a series of newly issued „Pay-If-You-Can“ notes with waterfall…

On 23 June 2025, Holcim AG completed the spin-off and public listing of its North American business, Amrize, and Amrize Ltd debuted as independent publicly traded company. The Amrize shares were listed on the New York Stock Exchange and on the SIX Swiss Exchange (SIX). The spin-off has been effected through a tax-neutral dividend-in-kind distribution…

On 19 June 2025, Julius Bär Group Ltd. issued EUR 500 million notes. The issuance occurred indirectly through the ELM issuance vehicle, a repackaging issuance entity incorporated in the Netherlands. The notes were be listed on Euronext Dublin.  For the notes, UBS AG, London Branch, BNP PARIBAS, Citigroup Global Markets Europe AG and J.P. Morgan…

On 18 June 2025, EFG Bank AG successfully completed its issuance of CHF 125 million 0.9625% bonds due 2029. The bonds are listed on SIX Swiss Exchange and are expected to be included in the domestic segment of the Swiss Bond Index. Raiffeisen Schweiz Genossenschaft acted as Sole Lead Manager.