Deals & Cases

UBS Switzerland AG – USD 175m Credit Facility for Dätwyler Group

28 August 2022 – Walder Wyss advised UBS Switzerland AG as mandated lead arranger, bookrunner, coordinator and agent and the other syndicate banks on the establishment of a USD 175m syndicated credit facility for Dätwyler Holding (SIX: DAE) and Datwyler Parco Holdings, Inc. The bank syndicate consists of UBS Switzerland AG, Credit Suisse (Switzerland) Ltd. and Zürcher Kantonalbank.

Datwyler is a leading provider of high-quality, system-critical elastomer components having leading positions in attractive global markets such as healthcare, mobility, connectivity, general industry, and food & beverage. With more than 25 operating companies, sales in over 100 countries and over 8,000 employees Datwyler, headquartered in Switzerland, generates annual sales of more than CHF 1,000 million.

Walder Wyss acted as counsel to UBS Switzerland AG and the other syndicate banks. The team was led by David Borer (Partner, Banking Finance) and included Lukas Wyss (Partner, Banking Finance), Valentin Wiesner (Managing Associate, Banking Finance) and Maurus Winzap (Partner, Tax).