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7 February 2017: TPF closes private offering and bank financing

February 2017 - Transport. Legal Developments by Walder Wyss Ltd.

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Transports publics fribourgeois Trafic (TPF TRAFIC) SA closed the financing of its maintenance and exploitation centre in the canton of Fribourg. The financing was partly made through a CHF 40 mio. private placement, a CHF 32 mio. secured bank loan and a CHF 55 mio. unsecured bank loan.

Walder Wyss advised TPF on the financing. The Walder Wyss team was led by Alexandre Both (Counsel, Banking & Finance) and included Thomas Meister (Partner, Tax) and Robert Desax (Managing Associate, Tax).