On March 7, 2025, Thermo Fisher Scientific Inc. successfully completed its issuance of its CHF bonds in an aggregate amount of CHF 1.425 bn, being the largest Swiss franc bond issuance from a US corporate issuer ever.
The issuance consisted of five tranches. The bonds are governed by Swiss law and have been provisionally admitted to trading, and application has been made for definitive admission to trading and listing of the bonds, on the SIX Swiss Exchange. UBS Investment Bank, BNP Paribas (Suisse) SA, and Deutsche Bank AG London Branch, acting through Deutsche Bank AG Zurich Branch, acted as lead managers.
Homburger advised Thermo Fisher Scientific Inc. with respect to the legal, transactional and tax aspects of Swiss law. The Homburger team was co-led by Benjamin Leisinger and Lee Saladino and included Daniel Hulmann (all Capital Markets) as well as Stefan Oesterhelt (Tax).