Homburger advised Credit Suisse on the issuance of USD 1.5 bn bail-inable notes and the registered offering of USD 2 bn fixed rate senior notes

On June 2, 2020, Credit Suisse launched, and on June 5, 2020, successfully completed, the issuance of USD 1.5 bn 2.193% Senior Notes due 2026 by Credit Suisse Group AG, which are bail-inable bonds that are eligible to count towards Credit Suisse Group AG’s Swiss gone concern requirement, and the issuance of USD 2 bn aggregate principal amount of 1.000% Senior Notes due 2023 by Credit Suisse AG pursuant to its shelf registration statement filed with the U.S. Securities and Exchange Commission.

Homburger advised Credit Suisse with respect to all aspects of Swiss law. The Homburger team was led by partner René Bösch (Capital Markets) and included partners Benjamin Leisinger (Capital Markets) and Dieter Grünblatt (Tax), as well as counsel Lee Saladino (Capital Markets) and associate Olivier Baum (Capital Markets).