News, Deals & Cases

On 9 July 2026, Infracore SA, Switzerland‘s leading specialist in healthcare real estate, successfully completed its initial public offering on SIX Swiss Exchange. Priced at CHF 54 per share, the IPO consisted of 4,209,203 firm shares, comprising 3,703,703 newly issued shares and 505,500 existing shares sold by Infracore‘s largest shareholder, MPT Switzerland Holdings S.à r.l., and an over-allotment option of up to 420,920 existing shares granted by MPT, exercisable on or before 8 August 2026. Trading in the shares on SIX started on 9 July 2026. Based on the offer price of CHF 54 per share, the aggregate offer size (assuming the over-allotment option is exercised in…

On 19 June 2026, SOPHiA GENETICS (Nasdaq: SOPH), a global leader in AI-driven precision medicine, closed its underwritten public offering with total gross proceeds of USD 57.5 million. TD Cowen acted as the lead book-running manager for the offering. Guggenheim Securities acted as book-running manager, and BTIG and Craig-Hallum acted as lead managers for the offering.

On 17 June 2026, Zürcher Kantonalbank successfully completed a further offering of Bail-in Bonds in the amount of EUR 500 million with a fixed annual coupon of 3.622% (6NC5 structure). The Bail-in Bonds have been designed and issued on the basis of a legal framework allowing Cantonal Banks to issue Total-Loss-Absorbing-Capacity (Gone-Concern Capital). BNP PARIBAS, Commerzbank Aktiengesellschaft, UBS London Branch and Zürcher Kantonalbank acted as Joint Lead Managers.

On 12 June 2026, Space Exploration Technologies Corp. (SpaceX) successfully completed the largest initial public offering ever. The offering included a public offering in the United States as well as concurrent offerings to retail investors in Australia, Canada, Japan, the United Kingdom, certain EU countries, and Switzerland. In Switzerland, the offer to retail investors was made on the basis of a prospectus approved by the German regulator BaFin that was subsequently deposited with the Prospectus Office of SIX Exchange Regulation AG pursuant to article 54(2) of the Swiss Financial Services Act. The SpaceX IPO is the first U.S. IPO to…

On 11 June 2026, VERAXA Biotech AG completed its business combination with Voyager Acquisition Corp. and listed on the NASDAQ Stock Market under the ticker symbols “VRXA” and “VRXAW”. Through this transaction, VERAXA strengthened its financial position, including through a USD 27.5 million senior secured note financing and a share purchase agreement for up to USD 50 million. The proceeds will be used to further advance VERAXA‘s oncology pipeline based on its proprietary BiTAC platform, supporting progress towards clinical development and industry partnerships.

In early June 2026, Energie 360 Grad AG successfully placed a CHF 150 million green bond, maturing in 2034 and carrying a coupon of 1.4%. The bond has been admitted to trading on SIX Swiss Exchange. The proceeds will be used in particular to finance investments in district heating projects and the infrastructure for electric mobility.

In June 2026, Clariant returned to the Eurobond market: Clariant International Financial Services (Luxembourg) S.à.r.l. placed EUR 500 million in unsecured bonds guaranteed by Clariant AG. The bonds carry a fixed annual coupon of 4.125% and will mature in January 2032. The bonds will be listed on SIX Swiss Exchange and on the Open Market (Freiverkehr) of the Frankfurter Stock Exchange. Settlement occurred on 12 June 2026. The net proceeds from the issuance will be used for general corporate purposes, including potential refinancing of existing debt, in support of Clariant‘s ongoing strategy execution.

On 28 May 2026, Amazon.com, Inc. issued bonds in Switzerland in the aggregate amount of CHF 2.82 billion. The offering comprised of CHF 900 million aggregate principal amount of 0.8350% notes due 2029, CHF 585 million aggregate principal amount of 1.200% notes due 2032, CHF 475 million aggregate principal amount of 1.4475% notes due 2035, CHF 390 million aggregate principal amount of 1.6750% notes due 2038, CHF 245 million aggregate principal amount of 1.9389% notes due 2044 and CHF 225 million aggregate principal amount of 2.0825% notes due 2051. BNP PARIBAS, Paris, Lancy/Geneva Branch acted as representative of the initial…

On 26 May 2026, Siegfried Holding AG successfully priced the offering of its CHF 200 million 1.350% bonds. UBS Investment Bank and Zürcher Kantonalbank acted as joint lead managers. The bonds have been listed on SIX Swiss Exchange.