Tag Archives: CapLaw-2022-43

Zur Rose Group completes CHF 95 m Convertible Bonds and the CHF 44 m Capital Increase

On 1 September 2022, Zur Rose Group announced the successful placement of newly issued shares raising gross proceeds of approx. CHF 44 m and CHF 95 m guaranteed seni­or unsecured convertible bonds. The convertible bonds were allocated to investors in a bookbuilding, subject to claw-back by existing shareholders who were granted the right to exercise their advance subscription rights. The convertible bonds were issued by a subsidiary of Zur Rose Group and are convertible into shares of, and are guaranteed by, Zur Rose Group.