CapLaw-2026-73

On 6 July 2026, Salt, a Swiss telecommunications provider, launched a comprehensive refinancing which consisted of (i) a high yield bond offering of CHF 205 million aggregate principal amount of 2.500% senior secured notes due 2031, (ii) the repricing of a new EUR 855 million term loan facility B4 and (iii) a private placement of EUR 30 million aggregate principal amount of 4.500% senior secured notes due 2030. The notes were issued by NJJ Continental S.A. and guaranteed by NJJ Continental Holding S.A. as well as Salt Mobile SA. The CHF denominated notes are expected to be admitted to trading…