u-blox – CHF 140 million Syndicated Revolving Credit Facility
8. März 2024 – Walder Wyss advised u-blox AG and u-blox Holding AG (SIX:UBXN) on its new CHF 140 million syndicated revolving credit facility with a banking syndicate led by Zürcher Kantonalbank as Mandated Lead Arranger, Bookrunner and Agent.
u‑blox (SIX:UBXN) provides semiconductor chips, modules, and IoT services that reliably locate and connect every thing. u-blox’ cutting-edge solutions drive innovation for the car of the future and the Internet of Things. Headquartered in Thalwil (Zurich), Switzerland, u-blox has a presence of 1,400 experts who enable its customers to build solutions for a precise, smart, and sustainable future.
Walder Wyss acted as counsel to u-blox AG and u-blox Holding AG. The team included David Borer (Partner, Banking Finance), Maurus Winzap (Partner, Tax) and Ganna Schneuwly (Transaction Manager, Banking Finance).