Kapitalmarkt

Steuern

On November 25, 2020, SIX Finance (Luxembourg) S.A. launched, and on December 2, 2020, successfully completed, the issuance of EUR 650 m 0.000 per cent. Eurobonds due 2025 (the Bonds). The Bonds are guaranteed by SIX Group AG, the holding company of the SIX Group.
The Bonds bear interest at a rate of 0 per cent per annum, implying a yield to maturity of -0.009 per cent per annum. The Bonds are listed on the Spanish AIAF Fixed Income Securities Market.
Homburger advised SIX Group with respect to all aspects of Swiss law. The Homburger team was led by partner Jürg Frick and included counsel Eduard De Zordi, associates David Borer and Pierina Janett-Seiler (all Capital Markets) as well as partner Stefan Oesterhelt (Tax).

Homburger advised SIX Group on its issuance of EUR 650 m 0.000 per cent. Eurobonds due 2025

Finanzierungen und Anlageprodukte

Dormakaba

Homburger advised dormakaba Group (SIX: DOKA) in a new five-year CHF 525 m syndicated credit facilities agreement with Zürcher Kantonalbank as coordinator, agent and lender and an international consortium of banks consisting of BNP, Credit Suisse, Deutsche Bank, HSBC, SEB, UBS and Unicredit (Sustainability Coordinator). As a key component of the credit facilities agreement, the financing costs are linked to the fulfilment of defined sustainability key performance indicators (KPI) relating to environmental, social and corporate governance criteria (ESG). In addition, the credit facilities agreement is the first in Swiss syndicated loan market that contains an in-built switch mechanism to reference Compounded SARON as near risk-free rate (RFR).
Bernd Brinker, CFO of dormakaba Group, commented the transaction as follows: “We are pleased that, even against the background of the Covid-19 pandemic, we have already now been able to successfully refinance the credit facility that expires next spring and to thereby achieve again contract improvements. By including interest rate-relevant sustainability objectives, we reinforce in close collaboration with our banks our strategic goals and show our commitment to fulfil important ESG criteria.”
Homburger advised dormakaba Group with regard to all legal aspects of the transaction. The Homburger team was led by associate David Borer and partner Hansjürg Appenzeller (both Financing and Investment Products) and included counsels Eduard De Zordi and Lee Saladino (both Financing and Investment Products) as well as partner Stefan Oesterhelt (Tax).

Homburger advised dormakaba Group on its CHF 525 m syndicated credit facilities linked to sustainability targets

Gesellschaftsrecht / M&A

Regulierung

Wettbewerb

IP / IT

Prozesse

Liberty Global

On November 11, 2020, the all-cash public tender offer by UPC Schweiz GmbH (UPC), a subsidiary of Liberty Global plc, for all publicly held shares of Sunrise Communications Group AG (Sunrise) has been settled. UPC has acquired a 98% stake in Sunrise. The transaction values Sunrise’s equity at CHF 5.0 bn.
Homburger AG is advising Liberty Global on the transaction. The Homburger team is led by partners Daniel Daeniker and Daniel Hasler (Corporate / M&amp;A) and includes partners Richard Stäuber, Franz Hoffet (Competition, Regulatory), Stefan Oesterhelt (Tax), Luca Dal Molin (IP / IT) and Roman Baechler (Litigation), counsel Micha Fankhauser (Corporate / M&amp;A), associates Daniel Häusermann, Karin Mattle, Mirko Stiefel and Stefan Luginbühl (all Corporate / M&amp;A), Yves Bianchi, Ramin Gohari and Jonas J. Krull (Competition, Regulatory), David Borer and Pierina Janett-Seiler (Financing and Investment Products), Marc Vogelsang and Raphaël Fellay (both Tax), Kirsten Wesiak-Schmidt (IP / IT), as well as junior associates Cédric Berger, Géraldine Danuser, Daniel Madani (all Corporate / M&amp;A) and Urs Stürmer (Competition, Regulatory).

Homburger advises Liberty Global on successful settlement of public tender offer for Sunrise

David
Borer

Homburger advised SIX Group on its issuance of EUR 650 m 0.000 per cent. Eurobonds due 2025

Homburger advised dormakaba Group on its CHF 525 m syndicated credit facilities linked to sustainability targets

Homburger advises Liberty Global on successful settlement of public tender offer for Sunrise

The Rise of Swiss Domestic Covered Bond Programmes

Neuerungen bei der (Re-)Finanzierung von Hypothekarkrediten

Join the Team

David Borer

Karriere

Sprachen

Zulassung

Teams

DavidBorer

Homburger advised SIX Group on its issuance of EUR 650 m 0.000 per cent. Eurobonds due 2025

Homburger advised dormakaba Group on its CHF 525 m syndicated credit facilities linked to sustainability targets

Homburger advises Liberty Global on successful settlement of public tender offer for Sunrise

The Rise of Swiss Domestic Covered Bond Programmes

Neuerungen bei der (Re-)Finanzierung von Hypothekarkrediten

Join the Team

David Borer

Karriere

Sprachen

Zulassung

Teams

David
Borer