VectivBio has its IPO on Nasdaq

Niederer Kraft Frey advised the banking syndicate, led by BofA Securities, SVB Leerink and Credit Suisse, in connection with the initial public offering of VectivBio Holding AG and the listing of its shares on Nasdaq. Through its IPO, which priced on 8 April 2021 at USD 17 per share, VectivBio raised gross proceeds of USD …

Securitisation of auto lease assets originated by AMAG Leasing AG

Niederer Kraft Frey advised Credit Suisse as Arranger and Joint Lead Manager and Zürcher Kantonalbank as Joint Lead Manager in connection with the auto lease securitisation and issuance by Swiss Car ABS 2021-1 AG of CHF 200,000,000 0.50 per cent. asset-backed notes due 2031. The notes, which are backed by a portfolio of Swiss auto …

Crédit Agricole next bank (Suisse) SA issues CHF 200m Covered Bonds under its innovative Covered Bond Programme

On 9 April 2021, Crédit Agricole next bank (Suisse) SA successfully completed its second issuance under its Swiss Covered Bond Programme, issuing CHF 200 million Series 2021-1 0.125 per cent. Fixed-Rate Covered Bonds due April 2031 (with extended maturity date April 2032). The Covered Bonds are listed on the SIX Swiss Exchange and rated “AAA” …

PolyPeptide Group AG successfully opens Swiss IPO Season 2021 with an up to CHF 848m offering

PolyPeptide Group AG, advised by Niederer Kraft Frey as lead counsel, today commenced trading on SIX Swiss Exchange. This represents the first traditional IPO in Switzerland since late 2019. The IPO was multiple times oversubscribed given strong demand from investors across Switzerland and internationally.

BC Capital AG (Bluecode) closes EUR 20m financing round

Niederer Kraft Frey advised BC Capital AG, a Fintech company with registered offices in Lachen, in connection with its latest financing round. The EUR 20 million financing round, which included existing as well as new investors, was led by the family office of the Hopp family.

Invision AG acquires majority stake in SkySale Schweiz GmbH

Niederer Kraft Frey advised Invision AG, a leading equity investment company, on the acquisition of a majority stake in SkySale Schweiz GmbH. The transaction was completed on 27 April 2021.

Transgourmet acquires GM FOOD

Niederer Kraft Frey advised Transgourmet on the acquisition of GM FOOD.

Montana Aerospace AG successfully launches its IPO and starts trading on SIX

Today, Montana Aerospace AG commenced trading on SIX Swiss Exchange. The offering consisted of 17,153,997 new shares at an offer price of CHF 25.65 per share (with an over-allotment option of up to 2,573,099 existing shares offered by Montana Tech Components AG), implying an offering volume of approximately CHF 506 million and a total market …

David Degen acquires majority of shares in FC Basel Holding AG from Bernhard Burgener

Niederer Kraft Frey advised former Swiss national football player and entrepreneur David Degen on the acquisition of a majority of the shares in FC Basel Holding AG from Bernhard Burgener. FC Basel Holding AG owns 75 percent of FC Basel (FC Basel 1893 AG), 25 percent belongs to the association FC Basel 1893. FC Basel …

beecom AG acquired by Eficode

Niederer Kraft Frey acted as counsel to the selling shareholders in the sale of beecom AG to Eficode, Europe’s leading DevOps company. The transaction was successfully closed in May 2021.