News, Deals & Cases

Recent Financial Market Transactions and Updates.

  • Credit Suisse Group AG Issuance of EUR 3 billion bail-inable notes

    On 11 January 2021, Credit Suisse Group AG launched, and on 18 January 2021, successfully completed, the issuance of (i) EUR 1.5 billion aggregate principal amount of Floating Rate Senior Callable Notes due January 2026 and (ii) EUR 1.5 billion aggregate principal amount of 0.625 per cent. Fixed Rate Senior Callable Notes due 2033 under…

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  • Strateo sells and transfers its online trading business and client base to Saxo Bank Switzerland

    In January 2021, Strateo, the Swiss branch of Arkéa Direct Bank, has signed an agreement to sell and transfer its online trading business and client base in Switzerland to Saxo Bank Switzerland. The transaction and migration of the clients and their assets are expected to be completed by the end of the first quarter of…

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  • EFG International successfully issues USD 400m inaugural AT1 bonds and repurchases outstanding Tier 2 bonds

    On 25 January 2021, Swiss global private banking group EFG International successfully issued USD 400 million inaugural perpetual Additional Tier 1 bonds. The AT1 bonds, which were issued at par, carry a coupon of 5.5 per cent. for the first seven years, after which a redemption option can be exercised. The AT1 bonds are listed…

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  • IPO of NLS Pharmaceutics with a listing on Nasdaq

    On 28 January 2021 NLS Pharmaceutics Ltd. priced its USD 20m IPO of 4,819,277 units with each unit consisting of one common share and one warrant to purchase one common share which are immediately separable from the units and issued separately. The common shares and the warrants have been approved for listing on the Nasdaq…

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  • Recapitalisation of gategroup

    On 26 November 2020 gategroup Holding AG (gategroup, together with its subsidiaries the “Group”) announced that its shareholders, RRJ Capital and Temasek, and all of the Group’s bank lenders under the senior facilities agreement dated 30 November 2018 have agreed to the key terms and conditions of a comprehensive recapitalisation of gategroup and amendments of…

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  • Onex Sell-Down of SIG Shares

    On 1 December 2020 SIG Combibloc announced that Onex Corporation and its affiliates have sold their remaining stake of 32 million shares in SIG representing approx. 10.1% of SIG’s share capital. Following the settlement of the transaction, Onex will cease to be a shareholder of SIG.

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  • LafargeHolcim Issuance of EUR 850 Million Sustainability-Linked Notes

    Holcim Finance (Luxembourg) S.A. successfully completed the issuance ofEUR 850,000,000 0.500 per cent. Sustainability-Linked Notes due 2031. The Notes are guaranteed by LafargeHolcim Ltd, the holding company of the LafargeHolcim group. The Notes are the first sustainability-linked notes in the building materials industry aligned to the Sustainability-Linked Bond Principles 2020 published by the International Capital…

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  • Valora Share Placement

    On 16 November 2020 Valora Holding AG successfully completed the private placement of 400,000 newly registered shares sourced from existing authorized capital and 40,000 treasury shares by way of an accelerated bookbuilding. Credit Suisse and UBS acted as Joint Bookrunners.

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  • UBS Issuance of EUR 1.5 Billion Notes

    On 5 November 2020, UBS Group AG successfully completed its issuance ofEUR 1.5 billion in aggregate principal amount of Fixed Rate/Fixed Rate Callable Senior Notes due November 2028 under its Senior Debt Programme. The Notes are bail-inable (TLAC) bonds that are eligible to count towards UBS’s Swiss gone concern requirement.

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