Homburger advised Sonova on the issuance of CHF 500 m bonds
On May 27, 2020, Sonova Holding AG successfully placed CHF 500 m bonds (the Bonds) to be issued on June 26, 2020. The Bonds are governed by Swiss law. Application will be made for the Bonds to be listed on the SIX Swiss Exchange. The Bonds will be issued in two tranches, the first tranche with a duration until 2025 and a coupon of 0.50% and the second tranche with a duration until 2028 and a coupon of 0.75%.
Homburger advised Sonova with respect to all Swiss law aspects of the transactions. The Homburger team was led by partner Jürg Frick (Financing and Investment Products / Capital Markets) and included counsel Eduard De Zordi (Financing and Investment Products / Capital Markets).