Bär & Karrer Ltd. | View firm profile
successfully completed the placement of its CHF 110 million inaugural bond
issue. The bonds carry a coupon of 0.625% and will mature on 26 September 2023
at par. They have been provisionally admitted to trading at the SIX Swiss
Exchange and are expected to be listed there as well. The issue was
lead-managed by UBS AG and Zürcher Kantonalbank.
Karrer acted as legal advisor to Orior in this transaction. The team included
Thomas U. Reutter, Daniel Raun and Stefanie Walch (all Capital Markets) as well
as Daniel Lehmann and Laurent Riedweg (both Tax).