Switzerland

Homburger AG acted as special Swiss counsel to UniCredit Bank GmbH in its capacity as mandated lead arranger in connection with the USD 1.1 bn borrowing base credit facilities. The facility includes an increase option to a total of USD 1.4 bn. UniCredit and ING acted as joint bookrunners and mandated lead arrangers. Sixteen other international syndicate banks are involved in the financing, including Commerzbank, Deutsche Bank, DZ Bank, Helaba, HSBC, LBBW, MUFG, NordLB and Rabobank. As a global coffee wholesaler, Neumann will use the funds to refinance and consolidate its existing financing agreements and to finance the general trading activities of the Neumann Group. Neumann Gruppe GmbH, based in Hamburg, is the holding company of the Neumann Kaffee Group, which comprises more than 40 companies in 28 countries and employs more than 3,300 people worldwide. The Homburger team was led by Daniel Haeberli (Financing) and included Simone Gloor and Céline Rüegg (both Financing) as well as Stefan Oesterhelt (Tax).   Contact Wanda Schweda / Marketing / [email protected]

Main Capital Partners, The Hague, Netherlands, is a leading software investor managing private equity funds and is active in the Benelux, DACH, France, the Nordics and the United States. With over 20 years of experience in strengthening its portfolio of software companies as a strategic partner, it has now acquired a majority stake in POLYPOINT AG. POLYPOINT AG, founded in 1986 and headquartered in Bern-Gümligen, Switzerland, is a provider of software solutions for workforce management and resource planning in the healthcare sector. Bär & Karrer acted as legal advisor to Main Capital Partners in this transaction. Raphael Annasohn led the team which included Julian Lindt and Dr. Katarina Skoric (all M&A), Susanne Schreiber, Martin Leu, Alessia Suter and Christina Fricker (all Tax), Faton Aliu and Dominique Simmen (both Financing), Laura Widmer and Nicola Schön (both Employment), Markus Wang and Christine Schweikard (both IP), Christian Kunz and Katharina Cardon (both Data Protection), Ruth Bloch-Riemer and Sébastien Di Natale (both Social Security), Rocco Rigozzi and Corina Moschen (both Real Estate) and Julia Eiholzer (Notarial Services).

On December 2, 2025, Roche Holdings, Inc. successfully completed its issuance of USD 1.9 bn in aggregate principal amount of senior notes, consisting of USD 500 m 4.075% notes due 2030, USD 600 m 4.374% notes due 2032 and USD 800 m 4.666% notes due 2035. The notes are irrevocably and unconditionally guaranteed by Roche Holding Ltd. The Homburger team was led by Jürg Frick (Capital Markets) and included Lee Saladino and Daniel Hulmann (both Capital Markets) as well as Dieter Grünblatt (Tax). Contact Wanda Schweda / Marketing / [email protected]  

On November 10, 2025, (i) UBS Group AG successfully completed its all-cash tender offers with respect to five series of bail-inable (TLAC) bonds that were originally issued by Credit Suisse Group AG, and (ii) UBS AG, acting through its Stamford branch, successfully completed its all-cash tender offers with respect to two series of senior unsecured notes that were originally issued by Credit Suisse AG, acting through its New York branch. UBS Group AG accepted tenders with respect to four series of such bail-inable (TLAC) bonds in an aggregate principal amount of USD 5.55 bn, and UBS AG, acting through its Stamford branch, accepted tenders in respect of both series of senior unsecured notes in an aggregate principal amount of USD 2.12 bn. The TLAC bonds repurchased by UBS Group AG were eligible to count towards UBS Group AG’s Swiss gone-concern requirement, governed by Swiss law and admitted to trading and listed on the SIX Swiss Exchange, and the notes repurchased by UBS AG, acting through its Stamford branch, were SEC-registered, governed by the laws of the State of New York and not admitted to trading or listed on any regulated trading venue. Homburger advised UBS Group AG and UBS AG with respect to all regulatory and transactional aspects of Swiss law. The Homburger team was led by Benedikt Maurenbrecher and Stefan Kramer and included Olivier Baum and Lee Saladino (all Capital Markets), as well as Stefan Oesterhelt (Tax). Contact Wanda Schweda / Marketing / [email protected]