Homburger

Homburger AG acted as Swiss counsel to RV AIP S.C.S. SICAV-SIF acting for partial fund RV TF ACQUISITION FINANCING in its capacity as lender in connection with EUR 31 m credit financing of European AV Group. 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 Gloria Pünchera / Marketing / [email protected]

On August 11, 2025, UBS Group AG successfully completed its issuance of EUR 1.25 bn in aggregate principal amount of Fixed Rate/Fixed Rate Callable Senior Notes due 2036 and EUR 750 m in aggregate principal amount of Fixed Rate/Fixed Rate Callable Senior Notes due 2031 under its Senior Debt Programme. The Notes are bail-inable (TLAC) bonds that are eligible to count towards UBS Group AG's Swiss gone concern requirement. The Notes are governed by Swiss law and the Notes have been provisionally admitted to trading, and application has been made for definitive admission to trading and listing of the Notes, on the SIX Swiss Exchange. The Homburger team was led by Stefan Kramer and Benedikt Maurenbrecher (both Capital Markets) and included Lee Saladino and Daniel Hulmann (both Capital Markets) as well as Stefan Oesterhelt (Tax). Contact Johanna Schmid / Marketing / [email protected]

On August 5, 2025, UBS Group AG successfully completed its offering of USD 1,250,000,000 in aggregate principal amount of 7.000 per cent. Tier 1 Capital Notes and USD 750,000,000 in aggregate principal amount of 6.600 per cent. Tier 1 Capital Notes. The Notes are «high trigger» regulatory capital instruments that are eligible to fulfill UBS Group AG’s Swiss going concern requirements. Upon occurrence of a «Trigger Event» or a «Viability Event», the Notes will be converted into ordinary shares of UBS Group AG in accordance with their terms. The Notes are governed by Swiss law and have been admitted to trading and are listed on the SIX Swiss Exchange. The Homburger team was led by Stefan Kramer and Benedikt Maurenbrecher (both Capital Markets) and included Lee Saladino and Olivier Baum (both Capital Markets) as well as Stefan Oesterhelt (Tax). Contact Johanna Schmid / Marketing / [email protected]

Homburger acted as counsel to Swarovski International Holding AG and its Subsidiaries in connection with an up to EUR 550 m financing, with UBS Switzerland AG as Coordinating and Bookrunning Mandated Lead Arranger, Facility Agent and Security Agent and BNP PARIBAS, Paris, Lancy/Geneva Branch and Zürcher Kantonalbank as Coordinating and Bookrunning Mandated Lead Arrangers as well as an international and Swiss syndicate of banks as Lenders. Homburger advised Swarovski with regard to all Swiss legal aspects of the financing transaction. The Homburger team was led by Jürg Frick (Financing and Investment Products) and included Nathalie Scherrer and Sarah Fasel (both Financing) as well as Stefan Oesterhelt (Tax). Contact Wanda Schweda / Marketing / [email protected]

On July 28, 2025, a consortium led by EQT, consisting of Sunshine SwissCo GmbH, the Abu Dhabi Investment Authority (ADIA) and Auba Investment Pte. Ltd. (all acting as the Sellers), announced the launch of an accelerated bookbuilding process to professional investors in Switzerland and to qualified investors outside Switzerland, which led to the successful placement of 17 million shares in Galderma Group AG (Galderma) at a price of CHF 123 per share (the Placement), raising a total of ca. CHF 2,091 million in total. The Sellers will remain shareholders of 33.0% of the share capital of Galderma. EQT’s representation on the board of directors of Galderma remains unchanged as a result of the Placement. In connection therewith, the Sellers have agreed to a 90-day lock-up period, subject to certain customary exceptions, with respect to their remaining holding in Galderma. The Placement is expected to be settled on July 31, 2025. BNP PARIBAS, Citigroup, Goldman Sachs International, Jefferies GmbH, Morgan Stanley & Co. International plc and UBS are acting as Joint Global Coordinators and Joint Bookrunners in the Placement. Homburger acted as transaction counsel to EQT. The Homburger team was led by Frank Gerhard and Margrit Marti (Corporate / M&A, Capital Markets) and included Estelle Piccard, Héloïse de Jamblinne and Lucas Forrer (all Corporate / M&A, Capital Markets), Micha Fankhauser (Financial Market Regulation) as well as Stefan Oesterhelt (Tax). Contact Wanda Schweda / Marketing / [email protected]

Homburger acted as counsel to UBS Switzerland AG as mandated lead arranger, agent, security agent and original lender in connection with the financing of the acquisition of a majority stake in Horizon Home Care Group AG, a Swiss-based international provider of non-medical home care services operating under the brand Dovida, by Ardian. Dovida provides person-centered non-medical home care which is carefully designed to support, empower and uplift individuals, and enhance their quality of life. Dovida’s global footprint spans six countries (Australia, Ireland, France, Netherlands, New Zealand, and Switzerland) delivering nine million hours of care each year. With a global presence and a local touch, Dovida delivers care that’s personal, empowering, and impactful. Homburger advised UBS Switzerland AG with regard to all Swiss legal aspects of the financing transaction. The Homburger team was led by Jürg Frick and included Stefan Bindschedler, Nathalie Scherrer and Sarah Fasel (all Financing) as well as Stefan Oesterhelt (Tax). Contact Wanda Schweda / Marketing / [email protected]

Homburger acted as Swiss counsel to Altri, SGPS, S.A. (Altri), a leading Portuguese producer of sustainable cellulosic pulp, in connection with its strategic acquisition of a majority stake in AeoniQ Holding AG (AeoniQ), a Swiss-based cleantech spin-off of HeiQ Materials AG. The transaction will support the industrial scaling of AeoniQ, a climate-positive, biodegradable cellulosic filament yarn engineered to replace polyester and nylon. The Homburger team was led by Daniel Hasler and included Estelle Piccard, Nicola Togni, Florian Bruggisser and Yannick Reber (all Corporate / M&A) as well as Joel Fink (IP / IT). Contact Wanda Schweda / Marketing / [email protected]

On June 2, 2025, the German vehicle inspection company DEKRA SE announced the acquisition of an additional stake in Spearhead AG, a Swiss company specializing in data analytics for automotive claims and vehicle lifecycle management. As a result of the transaction, DEKRA SE became the majority shareholder of Spearhead AG. Homburger acted as legal counsel to DEKRA SE. Gregor Bühler (IP / IT) led the Homburger team, which included Romain Fakhoury-Hondius (Corporate / M&A) and Philippe Baumann (IP / IT). Contact Nanding Susso / Marketing / [email protected]

On June 30, 2025, Cibes Lift Group successfully acquired Meier + Co. AG, the leading supplier of vertical platform lifts and stair lifts in Switzerland. Through the acquisition, Cibes expanded its direct sales presence to Switzerland, strengthening its position on the European market. A distributor for Cibes Lift Group since 2007, Meier + Co. AG offers lift solutions to public, commercial and residential customers, providing a full range of customer services, including sales, installation, maintenance and 24/7 support. Founded in 1952, Meier + Co. AG is based in Niedergösgen and has approximately 30 employees. The Homburger team was led by Dieter Gericke and included Daniel Häusermann, Kaiyan Yeo, and Adrian Schwarz (all Corporate / M&A), Reto Heuberger and Philippe Weber (both Tax), Gregor Bühler and Hélène Bruderer (both Employment), as well as Stefan Gäumann and Dominique Burà (both Real Estate). Contact Johanna Schmid / Marketing / [email protected]

On July 8, 2025, Zürcher Kantonalbank successfully completed its issuance of EUR 500 m 2.762 per cent. Fixed Rate Bonds due July 8, 2030 (the Bonds). The senior unsecured Bonds have been issued under Zürcher Kantonalbank’s Swiss base prospectus consisting of the applicable summary and securities note for the issue of bonds and STNs of Zürcher Kantonalbank dated June 20, 2025 and the registration form for debt securities dated June 20, 2025 approved by SIX Exchange Regulation AG and final terms issued thereunder. BNP PARIBAS, Deutsche Bank Aktiengesellschaft, UBS AG London Branch, and Zürcher Kantonalbank acted as the Joint Lead Managers. Homburger acted as counsel to Zürcher Kantonalbank as issuer. The Homburger team was led by Benjamin Leisinger and included Daniel Hulmann and Yulia Shaburnykova (all Capital Markets). Tax aspects were covered by Dieter Grünblatt. Contact Wanda Schweda / Marketing / [email protected]

On July 7, 2025, wefox Holding AG announced that it has secured funding of EUR 151 m, consisting of a EUR 76 m capital raise primarily from existing investors and a refinancing of an existing credit facility with EUR 75 m from Searchlight Capital Partners’ credit fund, Searchlight Opportunities Fund II. The funding follows a successfully completed business restructuring program in various jurisdictions and changes to the governance framework of wefox Holding AG. The Homburger team comprised Andreas Müller, Marco Rostetter, Lucas Forrer, Oliver Kneubühl, Miriam Oelgarth, Norina Tröhler and Carolina Rodriguez (all Corporate / M&A), Jürg Frick, Stefan Bindschedler and Nathalie Scherrer (all Financing and Investment Products), Stefan Oesterhelt, Juliette Buob, Laetitia Fracheboud and Philippe Gobet (all Tax), Stefan Kramer (Restructuring) and Karin Mattle, Angela Casey and Luca Ellenberger (all Employment and Executive Compensation). Contact Wanda Schweda / Marketing / [email protected]

The Berlin-based HR Group has acquired H-Hotels, one of the largest privately managed German hotel companies. The transaction took effect on February 25, 2025, and comprises more than 60 hotels in Germany, Austria, Switzerland, France and Hungary. HR Group is a Berlin-based company that has been acquiring, developing, and operating hotels and resorts for more than 15 years. Homburger acted as Swiss transaction counsel to HR Group. The Homburger team comprised Andreas Müller, Anna Peter, Thierry Burckhardt, Miriam Oelgarth and Carolina Rodriguez (all Corporate / M&A), Stefan Bindschedler and Michelle Wolf (both Financing and Investment Products), Stefan Gäumann and Olivier Bühlmann (both Real Estate) as well as Stefan Oesterhelt and Philippe Gobet (both Tax). Contact Beatrice Winkler / Marketing / [email protected]

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).

On June 30, 2025, Yoda PLC, a Cyprus-based investment corporation listed on the Cyprus stock exchange (CSE: YODA), announced the completion of its investment into ULTIMA CAPITAL SA, a Swiss luxury real estate owner, developer and operator listed on BX Swiss (BX: ULTIMA). As part of the transaction, Yoda has transferred to Ultima, by way of a contribution in kind, 100% of the issued share capital of its wholly-owned subsidiary Bakaso Holdings Limited at a contribution value of CHF 120.0 m in exchange for 2,000,000 newly-issued shares in Ultima. Bakaso indirectly owns various commercial properties valued at approximately EUR 133.7 m primarily in the food and beverage and retail sector located in the areas of Psarrou and Ano Mera, Mykonos, Greece, including the Nammos beach-bar restaurant and the seven-building Nammos Village retail area. As a result of the transaction, Yoda increased its shareholding in Ultima from previously approximately 53.8% to approximately 64.0% post-completion. Homburger advised Yoda on all aspects of the transaction. The Homburger team was led by Lorenzo Togni and included Jonas Stähli and Viviane Egli (all Corporate / M&A) as well as Claudia Suter and Philippe Weber (both Tax). Stefan Blunschi and Micha Frankhauser (both Corporate / M&A) also contributed to the transaction. Contact Nanding Susso / Marketing / [email protected]

On June 25, 2025, Idorsia Ltd published its public repurchase offer (the Exchange Offer) to exchange its CHF 200 m senior unsecured convertible bonds due 2025 and its CHF 600 m senior unsecured convertible bonds due 2028 (the Bonds). The Bonds will be exchanged for an offer consideration consisting of (i) a series of newly issued „Pay-If-You-Can“ notes with waterfall rankings issued by a Luxembourg special purpose subsidiary, which will be listed on the International Stock Exchange, (ii) shares of Idorsia Ltd and (iii) warrants of Idorsia Ltd. The Swiss Takeover Board has made determinations and granted exemptions regarding the Exchange Offer in its ruling dated June 5, 2025. The Exchange Offer is part of the holistic restructuring and refinancing of the Idorsia group announced by Idorsia Ltd on February 26, 2025. The Homburger team was led by Frank Gerhard (Corporate / M&A, Capital Markets) and included Marco Rostetter (Corporate / M&A, Restructuring / Insolvency), Micha Fankhauser, Estelle Piccard and Anina Preusker (all Corporate / M&A) as well as Eduard De Zordi and Daniel Hulmann (both Capital Markets). Contact Johanna Schmid / Marketing / [email protected]

On June 19, 2025, Julius Baer Group Ltd. issued EUR 500 m notes (the Notes). The issuance occurred indirectly through the ELM issuance vehicle, a repackaging issuance entity incorporated in the Netherlands. The Notes will be listed on Euronext Dublin. For the Notes, UBS AG, London Branch, BNP PARIBAS, Citigroup Global Markets Europe AG and J.P. Morgan SE acted as Joint Lead Managers. The Homburger team was led by Benjamin Leisinger and Eduard De Zordi (both Capital Markets). Tax aspects were covered by Stefan Oesterhelt (Tax). Contact Johanna Schmid / Marketing / [email protected]

On May 27, 2025, BeOne Medicines Ltd., a global oncology company, officially completed its redomiciliation from the Cayman Islands to Basel, Switzerland, following shareholder approval on April 28, 2025. The redomiciliation to Switzerland strengthens BeOne’s presence and deepens its roots in a global biopharmaceutical hub, further enabling its growth strategy of bringing innovative medicines to patients around the world. BeOne Medicines Ltd.'s American Depositary Shares are listed on the Nasdaq Global Select Market, each representing 13 ordinary shares of BeOne Medicines Ltd., each having a par value of USD 0.0001 per share (the “Ordinary Shares”), the Ordinary Shares are listed on The Stock Exchange of Hong Kong Limited, and the Ordinary Shares traded in Renminbi are listed on the Science and Technology Innovation Board of the Shanghai Stock Exchange. The Homburger team was led by David Oser (Corporate / M&A, Capital Markets) and included Bianca Nedwed and Kaiyan Yeo (both Corporate / M&A, Capital Markets), Stefan Bindschedler and Benjamin Leisinger (Banking and Finance) as well as Stefan Oesterhelt and Juliette Buob (both Tax). Contact Johanna Schmid / Marketing / [email protected]

On June 27, 2025, Raiffeisen Schweiz Genossenschaft successfully completed its issuance of CHF 250 m 0.785 per cent. fixed rate green bonds due 2030 under its issuance program for money market instruments, bonds and green bonds. This issuance marks the first issuance of a green bond by Raiffeisen Schweiz Genossenschaft. Raiffeisen Schweiz Genossenschaft acted as Sole Lead Manager and BNP Paribas, Commerzbank, Deutsche Bank and UBS Investment Bank acted as Managers. Homburger acted as counsel to Raiffeisen Schweiz Genossenschaft. The Homburger team was led by Benjamin Leisinger and included Olivier Baum (both Capital Markets).   Contact Wanda Schweda / Marketing / [email protected]

On June 18, 2025, EFG Bank AG successfully completed its issuance of CHF 125 m 0.9625% bonds 2025 – 2029. Raiffeisen Schweiz Genossenschaft acted as Sole Lead Manager. Homburger acted as counsel to Raiffeisen Schweiz Genossenschaft. The Homburger team was led by Benjamin Leisinger and included Olivier Baum (both Capital Markets). Contact Wanda Schweda / Marketing / [email protected]

On August 14, 2024, BayWa r.e. AG and certain of its group companies entered into a EUR 932,000,000 bridge facilities agreement (the Bridge Facilities Agreement) with a syndicate of lenders coordinated by Commerzbank AG, Deutsche Bank AG, DZ BANK AG and others. The Bridge Facilities Agreement served as the foundation for the group’s interim refinancing in the context of a broader liquidity and restructuring process. Homburger acted as local counsel to BayWa r.e. AG and, in particular, to its Swiss subsidiary, Solarmarkt GmbH, advising on Swiss-law aspects of the transaction. Following the initial financing, Homburger continued to advise BayWa r.e. AG on a series of successive agreements that governed and implemented the restructuring framework. These included the standstill agreement dated October 2, 2024, which amended and extended the original arrangement, as well as the Heads of Terms Agreement dated December 20, 2024. Homburger also advised in connection with the first amendment to the Bridge Facilities Agreement dated October 2, 2024, the second amendment and restatement agreement dated January 29, 2025, and the third amendment agreement dated March 27, 2025. BayWa r.e. AG is one of the leading global developers, service providers, distributors and solution suppliers in the field of renewable energy. The Homburger team was led by Daniel Haeberli and included Sarah Fasel, Simone Gloor and Caroline Grand (all Financing).   Contact Wanda Schweda / Marketing / [email protected]