Deals & Cases

Baloise Group places an inaugural CHF 500 million hybrid bond

15 October 2017 – The Baloise Group has successfully placed a CHF 300 million perpetual subordinated bond, first callable in June 2023 (coupon until first call date: 1.75%) and a CHF 200 million dated subordinated bond with final maturity in 2048, first callable in June 2028 (coupon until first call date: 2.20%). Both tranches are issued by Baloise Life Ltd and are guaranteed by Bâloise Holding Ltd.

Walder Wyss acted as legal counsel to the Baloise Group on this transaction. The team was led by Markus Pfenninger (Partner, Banking and Finance) and included Theodor Härtsch (Partner, Banking and Finance), Maurus Winzap (Partner, Tax), Ramona Wyss (Managing Associate, Banking and Finance) and Valentin Wiesner (Associate, Banking and Finance).