Financing and Investment Products

Corporate / M&A

Capital Markets

Santhera

On May 4, 2021, Santhera Pharmaceuticals Holding AG (SIX: SANN) announced the settlement of the first exchange offer for a convertible bond in Switzerland. Holders of Santhera&#8217;s existing CHF 60 m Senior Unsecured Convertible Bonds due 2022 received one new CHF 30,270,375 Senior Unsecured Convertible Bond due 2024 and 26 Santhera shares per existing bond. The offer had been accepted by holders of 74.7% of the former bonds.
Homburger acted as transaction counsel in this matter. The team was led by partners Dieter Gericke and Daniel Häusermann (both Corporate / M&amp;A, Capital Markets). Key members of the team included partner Stefan Oesterhelt (Tax), counsel Eduard De Zordi (Financing and Investment Products) and associates Marco Rostetter and Romain Fakhoury (both Corporate / M&amp;A, Capital Markets), as well as Pierina Janett-Seiler and Daniel Junginger (both Financing and Investment Products) and junior associate Daniel Bötticher.

Homburger advises Santhera on the First Exchange Offer for a Convertible Bond in Switzerland and Issuance of New Senior Unsecured Convertible Bonds due 2024

Competition

Data Protection

Telemos_bw

Founded in 1862, Mammut is a Swiss-headquartered company that provides high-quality products and experiences for outdoor enthusiasts around the world. Telemos Capital was attracted to Mammut given its leading premium brand positioning in the growing global outdoor market. Mammut manages to combine high technical expertise, functionality and performance with appealing contemporary design. The company&#8217;s product offering includes hardware, shoes and clothing, all sold both directly and via their trusted partners worldwide. Mammut operates in around 40 countries and employs more than 800 people.
Telemos Capital plans to help to drive Mammut forward in the further development of its products, services, and channels, including digital. It will support Mammut’s management in building on the firm’s strong Swiss heritage and premium brand to further accelerate its strong market positioning through profitable growth across existing and new international markets.
Subject to obtaining all necessary regulatory approvals, the closing of the acquisition of the Mammut Sports Group is expected by mid-2021.
Homburger acts as lead counsel to Telemos Capital. The Homburger team is led by partner David Oser (Corporate / M&amp;A) and comprises partners Reto Heuberger (Tax), Daniel Haeberli (Capital Markets, Financing and Investment Products), Richard Stäuber (Competition) and associates Moritz Riesener (Corporate / M&amp;A), Patrick Schmidt (Corporate / M&amp;A), Romain Fakhoury (Corporate / M&amp;A), Matthias Müller (Corporate / M&amp;A), Daniel Bötticher (Corporate / M&amp;A), Gabriel Kasper (Data Protection), Marc Vogelsang (Tax), Simone Gloor (Capital Markets, Financing and Investment Products) and Ramin Silvan Gohari (Competition).

Homburger advises Telemos Capital on its acquisition of leading Swiss outdoor brand Mammut from Swiss holding company Conzzeta

Employment and Executive Compensation

Crown_BW

On April 8, 2021, Crown Holdings, Inc. (NYSE: CCK) announced that it entered into a definitive agreement to sell its European Tinplate business to KPS Capital Partners, LP. Crown will receive pre-tax proceeds of approximately EUR 1.9 bn from the transaction and will retain a 20% ownership stake in the business.
The transaction is expected to close during the third quarter of 2021 and is subject to certain regulatory approvals and customary closing conditions.
Homburger acts as Swiss counsel to Crown with respect to the transaction. The Homburger team is led by partner Daniel Hasler (Corporate / M&amp;A) and comprises partner Reto Heuberger (Tax), associates Marc Hanslin (Corporate / M&amp;A), Ivan Marijanovic (Employment and Executive Compensation) and Philippe Gobet (Tax) as well as junior associates Daniel Bötticher and Géraldine Danuser (both Corporate / M&amp;A).

Homburger advises Crown Holdings in the sale of its European Tinplate Business to KPS Capital Partners

Daniel
Bötticher

Homburger advises Santhera on the First Exchange Offer for a Convertible Bond in Switzerland and Issuance of New Senior Unsecured Convertible Bonds due 2024

Homburger advises Telemos Capital on its acquisition of leading Swiss outdoor brand Mammut from Swiss holding company Conzzeta

Homburger advises Crown Holdings in the sale of its European Tinplate Business to KPS Capital Partners

Join the Team

Daniel Bötticher

Career

Languages

Bar Registration

Teams

DanielBötticher

Homburger advises Santhera on the First Exchange Offer for a Convertible Bond in Switzerland and Issuance of New Senior Unsecured Convertible Bonds due 2024

Homburger advises Telemos Capital on its acquisition of leading Swiss outdoor brand Mammut from Swiss holding company Conzzeta

Homburger advises Crown Holdings in the sale of its European Tinplate Business to KPS Capital Partners

Join the Team

Daniel Bötticher

Career

Languages

Bar Registration

Teams

Daniel
Bötticher