Deals & Cases

Swiss Life Holding AG issued CHF 500 million Convertible Bonds

12 novembre 2013 – On 13 November 2013, Swiss Life Holding AG issued convertible bonds in the amount of CHF 500 mio. with a maturity in 2020. The coupon was fixed at zero per cent. The allocation of the Bonds in the bookbuilding is provisional and remains subject to a pro rata reduction relative to the number of advance subscription rights being exercised by the existing shareholders during the rights exercise period("clawback"). UBS AG and Deutsche Bank AG London Branch act as joint bookrunner on this transaction.

Walder Wyss acts as legal counsel to Swiss Life Holding AG on this capital market transaction. The Walder Wyss team is led by Alex Nikitine (Managing Associate, Capital Markets, Corporate/M&A) and Markus Pfenninger (Partner, Banking Finance) and further includes Maurus Winzap (Partner, Tax), Lukas Wyss (Partner, Banking Finance), Peter Hongler (Associate, Tax) and David Hadad (Associate, Banking Finance).