Niederer Kraft Frey AG | View firm profile
27 June 2025
Niederer Kraft Frey has advised Swiss global private banking group EFG International with respect to EFG Bank’s offering and issuance of CHF 125 million senior unsecured bonds.
EFG Bank successfully closed the issuance of CHF 125 million domestic senior unsecured bonds with a 4-year maturity and a fixed annual coupon of 0.9625 percent with Swiss investors. The bonds are listed on SIX Swiss Exchange and are expected to be included in the domestic segment of the Swiss Bond Index (SBI). The transaction follows EFG Bank’s successful inaugural placement and issuance in June 2024 of CHF 370 million dual-tranche senior unsecured bonds comprising of CHF 230 million with a 3-year maturity and CHF 140 million with a 6-year maturity, and the placement and issuance in March 2025 of CHF 340 dual-tranche senior unsecured bonds comprising of CHF 175 million with a 3-year maturity and CHF 165 million with 6-year maturity. Raiffeisen Schweiz Genossenschaft acted as Sole Lead Manager.
The NKF team was led by Capital Markets partner Daniel Bono and included partner Philippe Weber and senior associate Giulia Ghezzi (all Capital Markets).