News, Deals & Cases

On 13 January 2026, UBS Group AG issued EUR 1.5 billion Fixed Rate/Fixed Rate Callable Senior Notes due February 2031 and EUR 1.5 billion Fixed Rate/Fixed Rate Callable Senior Notes due January 2037 under its Senior Debt Programme. The Notes are bail-inable (TLAC) bonds that are eligible to count towards UBS Group AG’s Swiss gone concern capital requirement.

On 15 January 2026, HIAG Immobilien Holding AG issued CHF 100 m 1.340% Green Bonds due 2033. Raiffeisen Schweiz Genossenschaft and Basler Kantonalbank acted as Joint Lead Managers. The Green Bonds will be listed on the SIX Swiss Exchange.

On 23 January 2026, APG SGA AG announced that its shareholders approved a so-called opting-up provision clearing the way for Aktiengesellschaft für die Neue Zürcher Zeitung (NZZ) to increase its stake from 25% to 45% by acquiring shares from existing shareholders JCDecaux SE and Pargesa Asset Management SA. The transaction is based on a share price of CHF 220 resulting in a total value of CHF 132m; closing is expected in the second quarter of 2026.

On 26 January 2026, Zürcher Kantonalbank issued EUR 500 million 2.950% Fixed Rate Bonds due 2031. The senior unsecured bhave been issued under Zürcher Kantonalbank’s Swiss base prospectus consisting of the applicable summary and securities note for the issue of bonds and short term notes of Zürcher Kantonalbank and the registration form for debt securities approved by SIX Exchange Regulation AG and final terms issued thereunder.

On 15 January 2026, UBS Switzerland AG issued CHF 150 million 0.435% Fixed Rate Covered Bonds due 2029, CHF 190 million 0.745% Fixed Rate Covered Bonds due 2032 and CHF 345 million 1.0225% Fixed Rate Covered Bonds due 2036 under its Covered Bond Programme. The Covered Bonds are governed by Swiss law and are listed on SIX Swiss Exchange. The Covered Bonds are indirectly backed by a portfolio of mortgages from UBS Switzerland AG’s domestic mortgage pool.

On 10 February 2026, Alphabet Inc. (Alphabet), the parent company of Google LLC (Google) successfully placed bonds in Switzerland in the aggregate amount of CHF 3.055 billion. The CHF offering was comprised of CHF 905 million aggregate principal amount of 0.4270% senior notes due 2029, CHF 700 million aggregate principal amount of 0.8900% senior notes due 2032, CHF 575 million aggregate principal amount of 1.2525% senior notes due 2036, CHF 455 million aggregate principal amount of 1.5823% senior notes due 2041 and CHF 420 million aggregate principal amount of 1.8675% senior notes due 2051. BNP PARIBAS, Paris, Lancy/Geneva Branch is…

On 10 October 2025, Idorsia Ltd (SIX-listed) announced the launch of an accelerated bookbuilding offering, which led to the placement of 16.4 million shares at an offer price of CHF 4.00 per offered share, raising aggregate gross proceeds of approximately CHF 65.6 million. J.P. Morgan and UBS acted as Joint Bookrunners and Global Coordinators, and H.C. Wainwright & Co. acted as Lead Manager in connection with the offering.

On 22 October 2025, DocMorris Finance B.V., a subsidiary of DocMorris AG (SIX: DOCM), placed EUR 49.6 million senior unsecured bonds due 2028 and convertible into shares of DocMorris AG. Further, in November 2025, DocMorris Finance B.V. conducted a tender offer for its outstanding convertible bonds due 2026 at 103.5% of the par value plus accrued and unpaid interest. The number of tendered bonds was 72,713, corresponding to an aggregate principal amount of CHF 72,713,000. The convertible bond transactions were managed by BofA Securities Europe SA and UBS AG.

On 28 October 2025, CoinShares International Limited, with an announced merger with Vine Hill Capital Investment Corp (Nasdaq: VCIC), launched the CoinShares Physical Staked Toncoin – a regulated exchange-traded product offering exposure to TON (The Open Network) listed on SIX Swiss Exchange Zurich, the high-performance blockchain integrated with Telegram’s global ecosystem. This launch combines CoinShares’ proven track record of delivering institutional-grade digital asset innovations with TON’s unique infrastructure that bridges on-chain technology with real-world adoption at unprecedented scale.