Swiss Prime Site closes CHF 190.35 Million 1.875% Convertible Bond Issue




Swiss Prime Site AG (the "Issuer") successfully raised financing through a placement of CHF 190.35 Million 1.875 % Convertible Bonds (the "Bonds"), convertible into registered shares of the Issuer. The Bonds were priced with a coupon of 1.875 % and a conversion premium of 15% to the volume weighted average price on the day of launch. Credit Suisse and UBS Investment Bank acted as joint bookrunners in this transaction (the "Joint Bookrunners"). The Joint Bookrunners have exercised their overallotment option in full, increasing the total issue size of the Bonds to CHF 190.35 Million.

Bär & Karrer has acted as legal transaction counsel in the issuance and placement of the Bonds. The team comprised Thomas U. Reutter, Sten E. D. Rasmussen, Daniel Raun, Annette Weber, Gwendolin Bodemann as well as Michael A. Barrot (Tax).




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