Deals & Cases | 19 ottobre 2026

Walder Wyss with the banking syndicate on Sandoz EUR 500 million bond issuance

On 14 September 2026, Sandoz (SIX: SDZ / OTCQX: SDZNY), a global leader in affordable medicines, successfully issued EUR 500 million bonds with a maturity of 12 years and a coupon of 4.835%. The proceeds will be used for general corporate purposes, including the refinancing of existing debt.

The banking syndicate consisted of Bank of America, Mizuho and SEB as active bookrunners and Citi, HSBC and Société Générale as passive bookrunners.

Walder Wyss advised the banking syndicate. The team included David Borer (Partner, Capital Markets), Valentin Wiesner (Managing Associate, Capital Markets) and Maurus Winzap (Partner, Tax).