Corporate / M&A

Capital Markets

ADC Therapeutics

On February 2, 2023, ADC Therapeutics SA (NYSE:ADCT), a commercial-stage biotechnology company headquartered in Switzerland, announced the pricing of an underwritten offering of 12 m ADCT shares owned by an affiliate of Auven Therapeutics, at a price of USD 5.00 per share. ADCT itself did not sell any shares in the offering.
The Homburger team was led by Daniel Häusermann (Corporate / M&amp;A, Capital Markets) and included Estelle Piccard (Corporate / M&amp;A, Capital Markets).

Homburger advised ADC Therapeutics SA on the Underwritten Offering by a Selling Shareholder

Financing and Investment Products

Financial Market Regulation

Meyer Burger

On November 11, 2022, Meyer Burger Technology AG (SIX: MBTN) (Meyer Burger) announced that it had successfully closed a rights offering, raising gross proceeds of CHF 250 m. As part of the transaction, existing shareholders of Meyer Burger were offered rights to subscribe for new shares at an offer price of CHF 0.267 per new share. New shares in respect of which subscription rights had not been exercised were placed in a rump placement. With the net proceeds from the offering, Meyer Burger primarily intends to finance the planned expansion of production capacity for its photovoltaic module production in Germany and the United States.
Homburger AG acted as legal counsel to Meyer Burger on this transaction. The Homburger team was led by Dieter Gericke and Lorenzo Togni (both Corporate / M&amp;A, Equity Capital Markets) and included Estelle Piccard, Jasmin Künzle, Isabelle Cordey, Magda Aref, Urs Stürmer, Anina Preusker, Julien Di Sabato and Thomas Leu (all Corporate / M&amp;A, Equity Capital Markets) as well as Vanessa Isler and Alexander Wherlock (both Financial Services, Capital Markets). Tax advice was rendered by Stefan Oesterhelt and Raphaël Fellay (both Tax).

Homburger advised Meyer Burger Technology AG on its rights offering raising gross proceeds of CHF 250 m

On August 15, 2022, ADC Therapeutics SA (NYSE:ADCT), a commercial-stage biotechnology company headquartered in Switzerland, announced that it has completed a series of strategic transactions in which it (a) entered into a new USD 175 m senior secured term loan with certain funds of Owl Rock and funds managed by Oaktree Capital, (b) settled in full the USD 115 m aggregate principal amount of senior secured convertible notes held by Deerfield Management Company due May 2025 for cash, common shares and warrants to purchase common shares, and (c) entered into a share purchase agreement with certain funds of Owl Rock for an investment of USD 6.25 m for 733,568 common shares.
The Homburger team was co-led by partners Benjamin Leisinger (Capital Markets, Financing and Investment Products) and Daniel Häusermann (Corporate / M&amp;A, Capital Markets) and included partner Stefan Oesterhelt (Tax) as well as associates Laura Müller (Financing and Investment Products) and Estelle Piccard (Corporate / M&amp;A, Capital Markets).

Homburger advised ADC Therapeutics SA on the USD 175 m Senior Secured Term Loan from Owl Rock and Oaktree and Settlement of Existing Senior Secured Convertible Notes

Estelle
Piccard

Homburger advised ADC Therapeutics SA on the Underwritten Offering by a Selling Shareholder

Homburger advised Meyer Burger Technology AG on its rights offering raising gross proceeds of CHF 250 m

Homburger advised ADC Therapeutics SA on the USD 175 m Senior Secured Term Loan from Owl Rock and Oaktree and Settlement of Existing Senior Secured Convertible Notes

Join the Team

Estelle Piccard

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EstellePiccard

Homburger advised ADC Therapeutics SA on the Underwritten Offering by a Selling Shareholder

Homburger advised Meyer Burger Technology AG on its rights offering raising gross proceeds of CHF 250 m

Homburger advised ADC Therapeutics SA on the USD 175 m Senior Secured Term Loan from Owl Rock and Oaktree and Settlement of Existing Senior Secured Convertible Notes

Join the Team

Estelle Piccard

Career

Languages

Bar Registration

Teams

Estelle
Piccard