On 12 September 2023, Equinix, Inc., a globally leading digital infrastructure company, successfully completed its inaugural Swiss issuance of CHF 300 m 2.875% bonds due in 2028. The Bonds were issued by Equinix Europe 1 Financing Corporation LLC and are fully guaranteed by Equinix, Inc. The offering of the Bonds was done by reliance on Regulation S under the U.S. Securities Act.

On 12 September 2023, Nestlé Holdings, Inc. successfully completed its issuance of USD 500 million 5.000% Notes due 2028, USD 500 million 5.000% Notes due 2030, and USD 500 million 5.000% Notes due 2033. The Notes are guaranteed by the Nestlé group’s Swiss parent company Nestlé S.A. The offering of the Notes was done in reliance on Rule 144A and Regulation S under the U.S. Securities Act.

On 9 August 2023, Glarner Kantonalbank successfully completed its Bond issuance in the amount of CHF 110 m, traded on SIX Swiss Exchange.

On 18 July 2023, NewGAMe SA announced the launch of its partial cash tender offer for up to 28,000,000 shares of SIX-listed GAM Holding AG. NewGAMe SA is part of the NewGAMe-Bruellan investor group that holds a substantial stake in GAM. NewGAMe is majority held by Rock Investment, a company controlled by Mr. Xavier Niel. The prospectus for the partial tender offer was published on 17 August 2023.

In June 2023, DSM-Firmenich successfully placed shares by way of an accelerated bookbuilding raising gross proceeds of approx. EUR 733 million. The proceeds will be used for the buy-out of shares not tendered in the exchange offer to DSM shareholders. Goldman Sachs, ABN AMRO and J.P. Morgan acted as joint global coordinators in this transaction.

In June 2023, Swiss Prime Site issued convertible loan notes in the aggregate amount of CHF 275 million to ELM B.V., a repackaging vehicle. ELM in turn issued exchangeable notes, which were placed with investors and are exchangeable into shares of Swiss Prime Site. The use of the repackaging vehicle allows Swiss Prime Site to diversify its funding strategy at attractive terms.

In May, 2023, Meyer Burger Technology AG (SIX: MBTN) (Meyer Burger) successfully issued green senior unsecured guaranteed convertible bonds due 2029 in the aggregate amount of EUR 216.3 m. The bonds were placed in a private placement with a coupon of 3.75% per annum. The bonds are issued by Meyer Burger’s subsidiary MBT Systems GmbH and guaranteed by Meyer Burger.

In May 2023, Luzerner Kantonalbank AG (SIX: LUKN) announced that it had successfully closed its rights offering, raising gross proceeds of CHF 489 million. As part of the transaction, existing shareholders of Luzerner Kantonalbank were offered rights to subscribe for new shares at an offer price of CHF 69.00 per new share. New shares in respect of which subscription rights had not been exercised were placed in a rump placement. Zürcher Kantonalbank acted as global coordinator and joint-lead manager.

In May 2023, GAM Holding AG announced that it had entered into an agreement with Liontrust Asset Management plc relating to the launch by of a public exchange offer for all publicly held shares in GAM at a consideration of 0.0589 Liontrust shares per share of GAM Holding AG. The prospectus for the exchange offer was published on 13 June 2023. The offer is subject to a minimum acceptance ratio of 66⅔%. Completion is subject to customary regulatory approvals.

In May 2023, Ironwood Pharmaceuticals, Inc. (Nasdaq: IRWD) and VectivBio Holding AG (Nasdaq: VECT) announced that they had entered into an agreement for Ironwood Pharmaceuticals to launch an all-cash public tender offer to acquire all outstanding shares in VectivBio Holding AG for USD 17.00 per share. The offer was successfully completed on 29 June 2023.