Finanzierungen und Anlageprodukte

Steuern

Homburger News

Homburger and AtlasEdge

Homburger acted as Swiss counsel to AtlasEdge, a leading pan-European Edge data centre provider, on a scalable EUR 725 m loan financing. The financing was underwritten by mandated lead arranger ING Bank, as well as ABN Amro, Crédit Agricole CIB, The Bank of Nova Scotia, National Westminster Bank Plc, Banco Santander and UniCredit Bank AG.
AtlasEdge is a leading European Edge data centre platform with operations across 12 countries, formed through a joint investment by Liberty Global, a world leader in converged broadband, video and mobile communications and an active investor in cutting-edge infrastructure, content, and technology ventures, and DigitalBridge, a leading global investment firm dedicated to digital infrastructure.
The innovative financing package, which is a distinctive blend of standard digital infrastructure and LBO cash flow-based financing terms, consists of EUR 525 m in committed debt facilities and a further EUR 200 m of uncommitted accordion. The accordion feature enables AtlasEdge to quickly target capital toward customer-led projects and expand the financing based on future demand.
Having already underpinned the company’s recent acquisition of Datacenter One, Germany’s leading independent data centre provider, the new financing provides AtlasEdge with considerable firepower to execute further strategic M&amp;A and build new efficient and sustainable sites throughout Europe’s key markets.
The financing also includes sustainability-linked targets focussed on efficiency and renewable energy usage. This aligns AtlasEdge’s mission to build a truly sustainable digital society.
Homburger advised AtlasEdge with regards to all Swiss legal aspects of the financing transaction.
The Homburger team was led by partner Daniel Haeberli and included associates Daniel Junginger, Simone Gloor, Fabrice Eckert and Joey Weber (all Financing) as well as partner Stefan Oesterhelt (Tax).

Homburger advised AtlasEdge on milestone sustainability-linked EUR 725 m loan facilities

Homburger and MusicBird

Founded in 2020, MusicBird AG aims to build a worldwide portfolio of music rights. MusicBird AG shall become the go-to partner for record labels, composers and musicians. MusicBird AG aims to innovate the monetization of music rights by using big date analytics.
On January 27, 2023, MusicBird AG entered into a credit agreement for an asset-based credit facility with MUFG Bank Ltd. as administrative agent, joint lead arranger, sole bookrunner and f/x provider, to finance the further growth of its business. Homburger advised MusicBird AG on all Swiss law aspects in connection with its financing agreement with MUFG.
The credit is based on the projected cash follow to be generated by three specific music catalogues. In order to ensure that the music catalogues and royalties generated thereunder are ring fenced, these assets were transferred to a newly incorporated Swiss subsidiary of MusicBird AG named MusicBird Rights AG. Under the credit agreement, MusicBird Rights AG was required to create a security interest in the music catalogues. The creation of this novel security interest was challenging not least because the music catalogues are governed by the laws of different jurisdictions. In addition, MusicBird AG was required to coordinate the new credit agreement with its existing Swiss financing arrangement with its shareholders.
The Homburger team was led by Daniel Haeberli (Financing) and included Fabrice Eckert (Financing) and Stefan Oesterhelt (Tax).

Homburger advised MusicBird AG in connection with certain financing aspects

Share-Image Teamplate Deals-and-Cases

Homburger acted as counsel to Fluence in connection with certain financing aspects of the acquisition of Nispera. Headquartered in Arlington, USA, Fluence is a global provider of energy storage products, services and digital applications for renewables and storage. In 2022, Fluence acquired Nispera, a Zurich-based provider of artificial intelligence and machine learning-enabled software-as-a-service that helps customers monitor, analyze and optimize the performance and value of renewable energy assets.
Homburger advised Fluence with regard to all Swiss legal aspects of the financing transaction.
The Homburger team was led by Daniel Haeberli (Financing) and included Fabrice Eckert, Simone Gloor and Yulia Shaburnykova (all Financing) and Stefan Oesterhelt (Tax).

Daniel
Haeberli

Homburger advised AtlasEdge on milestone sustainability-linked EUR 725 m loan facilities

Homburger advised MusicBird AG in connection with certain financing aspects

Homburger advised Fluence in connection with the financing aspects of the acquisition of Nispera

Acquisition Finance 2023: Switzerland

Blockchain & Cryptocurrency Regulation 2023: Switzerland

Fintech 2023: Switzerland

Join the Team

Daniel Haeberli

Karriere

Sprachen

Zulassung

Teams

DanielHaeberli

Homburger advised AtlasEdge on milestone sustainability-linked EUR 725 m loan facilities

Homburger advised MusicBird AG in connection with certain financing aspects

Homburger advised Fluence in connection with the financing aspects of the acquisition of Nispera

Acquisition Finance 2023: Switzerland

Blockchain & Cryptocurrency Regulation 2023: Switzerland

Fintech 2023: Switzerland

Join the Team

Daniel Haeberli

Karriere

Sprachen

Zulassung

Teams

Daniel
Haeberli