Tag Archives: CapLaw-2024-89
GAM Holding AG’s Rights Offering
On 15 November 2024, GAM Holding AG, an independent and global asset management firm headquartered in Zurich and listed on the SIX Swiss Exchange M, completed its capital increase and rights offering with net proceeds of approximately CHF 98.2 million. The proceeds from the offering will be used to repay amounts outstanding under a loan facility granted by GAM’s anchor shareholder, Rock Investments SAS, and any residual amount will be used for general corporate purposes. Helvetische Bank acted as Settlement Agent for the transaction.