Capital markets in Switzerland

Homburger

Counting a number of key players in the Swiss capital market in its client roster, Homburger is noted for its expertise advising clients on tax and regulatory aspects of capital markets transactions. Frank Gerhard and Benjamin Leisinger co-lead the practice, with the former possessing considerable expertise in IPO, private placements and innovative structures. Benedikt Maurenbrecher’s capabilities encompass regulatory capital instruments, debt, and asset-based and equity-linked transactions. Dieter Gericke and Daniel Daeniker are both particularly active within the life sciences sector, while René Bösch is routinely entrusted by clients to handle debt capital market transactions. Daniel Häusermann bolsters the practice with his broad practice, and Lee Saladino’s strengths lie in regulatory capital and other debt instruments.

Responsables de la pratique:

Frank Gerhard; Benjamin Leisinger


Autres avocats clés:

Benedikt Maurenbrecher; Dieter Gericke; Daniel Daeniker; Rene Bosch; Daniel Hausermann; Lee Saladino; Stefan Kramer; Daniel Haeberli; Jürg Frick; Claude Lambert


Les références

‘I find Claude Lambert very responsive. He is a highly experienced lawyer and delivers solution focused advice specific to our business. He has a very good manner and approach with clients. I would highly recommend Claude as an expert in corporate governance, AGM practices, advising Boards and senior executive management.’

‘Claude Lambert’s spoken and written English is perfect which is extremely helpful when dealing with English speaking client. He delivers top class legal advice that is also practical. ’

‘Very good reputation in the market (they are the best in this field), strong recommendations, very good response times, meet quotes/budgets. Also very good value for money compared to other firms.’

Principaux clients

UBS


Meyer Burger Technology


Dufry


Luzerner Kantonalbank


ADC Therapeutics


Santhera Pharmaceuticals Holding


MCH Group


VectivBio


Nice & Green


AMAG Leasing


Credit Suisse (Switzerland)


Pictet


Zürcher Kantonalbank


21Shares


Nestlé Holdings and Nestlé


Roche Holding


Raiffeisen Schweiz Genossenschaft


Commerzbank Aktiengesellschaft


Goldman Sachs


Bunge


Principaux dossiers


Lenz & Staehelin

A team noted for its ‘long standing experience’, Lenz & Staehelin’s capital markets team maintains a broad offering and is well-equipped to handle a range of issues such as equity transactions, offerings of bonds and exchange offers, among others. Alongside this, the team demonstrates particular proficiency in relation to derivatives. ‘Outstanding’ Jacques Iffland spearheads the Geneva practice, with ‘well-connected’ Patrick Schleiffer and Tino Gaberthüel jointly leading the firm’s Zurich office. Marcel Tranchet bolsters the practice with his considerable expertise regarding financing matters, securities offering and regulatory matters. Ariel Ben Hattar and Patrick Schärli are also recommended.

Responsables de la pratique:

Jacques Iffland; Patrick Schleiffer; Tino Gaberthüel


Autres avocats clés:

Marcel Tranchet; Ariel Ben Hattar; Patrick Schärli


Les références

‘Strong team, great experience, always available and great to work with.’

‘Long standing experience and considerate advice.’

‘The team’s knowhow in the area of capital markets and in particular tokenized assets is outstanding as they perfectly understand how to bring together the relevant knowhow in the fields of IT, legal and business models.’

Principaux clients

ABB E-mobility


Accelleron


Allwyn Entertainment


Bank of America


Bank of New Zealand


Banorte – Banco Mercantil de Norte S.A., Mexico


Blackrock


Bobst Group SA


Bundesverband Deutscher Banken (BBV)


Capital Martkets and Technology Association (CMTA)


Compagnie Financière Richemont


Credit Suisse, UBS


DB ETC plc


Deutsche Bank


Edizione (Benetton family)


Edmond de Rothschild


Geberit AG


International Swaps and Derivatives Association (ISDA)


Invesco


LafargeHolcim


Morgan Stanley, BofA Securities and Cowen Inc


National Australia Bank NAB


NJJ Holding (Xavier Niel)


ObsEva SA


On Holding AG


Pictet


Raiffeisen Schweiz Genossenschaft


Saudi National Bank


Sika


SoftwareONE


Stadler Rail


Swissquote


UBS


VTG Aktiengesellschaft


Westpac Banking Corporation


Wisdom Tree


Principaux dossiers


  • Advised ABB and Accelleron Industries Ltd. on the spin-off of Accelleron Industries Ltd, which operates ABB’s former turbocharger business, and initial listing of Accelleron on SIX Swiss Exchange.
  • Advised ABB and ABB E-Mobility on a pre-IPO private placement. ABB E-mobility, a global leader in electric vehicle (EV) charging solutions, successfully completed a pre-IPO private placements in the total amount of approximately CHF 525m through issuance of new shares to new minority shareholders.
  • Advised SCCF on the issuance of short-term tokenized notes (tokenised by using the CMTAT smart contract framework published by the Capital Markets and Technology Association).

Niederer Kraft Frey AG

Recommended for being ‘client-focused and commercial’, Niederer Kraft Frey AG’s breadth of expertise encompasses debt, equity and hybrid capital market products. The team routinely handles large-scale IPOs and public tender offers alongside a host of other complex transactions. The firm’s new Geneva office, which opened in January 2023, expands the team’s capabilities in this area. Daniel Bono, who assists clients with a diverse scope of issues from equity capital market transactions to finance transactions, and Thomas Brönnimann, who is particularly experienced in handling matters for listed entities and other large enterprises, are key contacts in the practice. Philipp Haas is entrusted by clients to handle equity and convertible debt transactions and market conduct rules, while Philippe Weber is geared to handle IPOs, rights offerings and asset-backed securities.

Autres avocats clés:

Daniel Bono; Thomas Brönnimann; Philipp Haas; Philippe Weber; Marco Häusermann; Andrea Giger; Philip Spoerlé; Deirdre Ni Annrachain


Les références

Client-focused and commercial. Well reputed, respected and dynamic.’

‘Andrea Giger and Philip Spoerlé are very knowledgeable, client-focused and commercial. Deirdre Ni Annrachain has a broad experience across different sectors and is very good at prospectus drafting.’

‘Great team commitment, 24/7 availability.’

Principaux clients

Axpo Holding AG


Bain and Cinven


Bank Julius Baer Ltd.


Banking syndicate consisting of Berenberg, Zürcher Kantonalbank and Commerzbank


Banking syndicate led by BofA Securities, SVB Leerink and Credit Suisse


Bell Food Group


China International Capital Corporation (UK) Limited


CLSA Limited


CoinShares


Credit Suisse AG


Digital Realty


Dr. Ing. H.c. F. Porsche AG


EQT, VFS Group


Fomento Económico Mexicano, S.A.B. de C.V.


Gategroup


Global Blue Group Holding AG


Goldman Sachs International


Gotion High-Tech Co., Ltd.


Helvetische Bank


Huatai Financial Holdings, Guotai Securities


Idorsia Ltd


Industry Standard Opinions for Repos and Securities Lending


ING Bank N.V. Singapore Branch


Joh. Berenberg, Gossler & Co KG, Commerzbank AG


Julius Baer Group Ltd.


Kernkraftwerk Leibstadt AG


Macquire Group Limited (MGL)


Meyer Burger Technology AG


Sportradar Group AG


Swiss Confederation


Swiss Finance & Property AG


Swiss Re, Glencore, JP Morgan, Citibank, BNP Paribas, Credit Suisse, Merrill Lynch International, Morgan Stanley, HSBC, Natwest, UBS Limited, Deutsche Bank, Standard Chartered


Swiss Steel Group AG


UBS AG


UBS Switzerland AG, Credit Suisse (Switzerland) Ltd., Deutsche Bank Luxembourg S.A., NATIXIS, Zürcher Kantonalbank


Zhejiang Huayou Cobalt Co., Ltd.


Principaux dossiers


  • Acted as Swiss counsel to Porsche on its international initial public offering and listing on Frankfurt Stock Exchange, being the largest IPO ever carried out in Europe in terms of the market capitalisation of around EUR 78bn.
  • Advised the Swiss Confederation on the conclusion of a Loss Protection Agreement (LPA) with UBS Group AG. The loss protection guarantee governed by the LPA is a cornerstone element of the merger between UBS and Credit Suisse and became effective with the completion of the merger on 12 June 2023.
  • Acted on each of the inaugural issuances of global depository receipts (GDRs) under the newly launched China-Switzerland Stock Connect programme, taking four Chinese companies public on SIX Swiss Exchange.

Advestra

The ‘super focused’ team at Advestra, while fielding a broad capital markets offering, is routinely engaged by clients to manage rights offerings, issuance of shares and a diverse multitude of other cross-border work. Thomas Reutter is reputed for his work involving innovative capital market instruments, while Annette Weber advises on a diverse range of equity and debt capital market transactions. Sandro Fehlmann bolsters the practice with his expertise in handling regulatory hybrid instruments. Alexander von Jeinsen advises issuers and banks on a variety of complex transactions.

Autres avocats clés:

Thomas Reutter; Annette Weber; Sandro Fehlmann; Alexander von Jeinsen


Les références

‘Super focused team of a great size, always reachable.’

‘Strong partner attention is received, but the team also has solid and reliable grounds below partner level.’

‘Very knowledgeable, they can cover all sorts of products and areas of law.’

Principaux clients

Salt Mobile S.A:


Joincare Pharmaceutical Group Industry


BofA Securities


Goldman Sachs International


Credit Suisse


Jefferies


SIG Group


UBS AG


Ningbo Shanshan Co., Ltd


Lonza Group


ABN Amro


J.P. Morgan


Sunwoda Electronic Co., Ltd.


ZKB


Swiss Prime Site


Barclays


Deutsche Bank


Santander


Commerzbank


Ares Management Corporation


Zhejiang HangKE Technology Incorporated Company


Zhejiang Supcon Technlogoy


Principaux dossiers


  • Advised the Goldman Sachs, ABN AMRO and J.P. Morgan on the accelerated book building by DSM-Firmenich related to the buy-out of shares not tendered in the exchange offer to DSM shareholders.
  • Advised real estate company Swiss Prime Site on the issuance of convertible loan notes in the aggregate amount of CHF 275m to ELM B.V., a repackaging vehicle.
  • Advised on multiple listings on SIX Swiss Exchange of Global Depositary Receipts by PRC-domiciled issuers, including, most recently, Zhejiang Supcon Technology, Zhejiang HangKe Technology, and Sunwoda Electronic Co., Ltd.

Baker McKenzie Switzerland AG

Entrusted to assist clients with a range of domestic and international transactions, Baker McKenzie’s ‘responsive and pragmatic’ team is well-equipped to advise on matters pertaining to equity and debt transactions, derivatives, securitisation and structured finance. Practice head Matthias Courvoisier is especially knowledgeable in equity capital market transactions and equity linked debt, such as IPOs and public takeovers. Ansgar Schott specialises in structured products and investment funds, to name a few. Yves Mauchle, who has recently been promoted to partner, advises clients with complex mandates that involve IPOs, GDR offerings and high yield bonds. Tanja Schmid is another key figure to note in the practice.

Responsables de la pratique:

Matthias Courvoisier


Autres avocats clés:

Ansgar Schott; Yves Mauchle; Tanja Schmid


Les références

‘Ansgar Schott can summarise even the most complex issues in the simplest way to enable senior management to make the necessary decisions. He is able to work under pressure, always keeps an overview and is available to provide advice and support in urgent cases.’

‘Ansgar Schott stands out for his ability to find solutions and negotiate contracts at the highest level, even on complex issues. He is also known for his pragmatic approach to finding solutions with high legal quality, and for always trying to get the best for his clients, be it in a contract negotiation or in a project.’

‘A very hands-on team, super responsive and pragmatic in their approach.’

Principaux clients

VT5 Acquisition Company AG


GEM Ltd


Cicor Technologies Ltd.


Artemis Holding AG


Implantica AG


Société Générale


Cosmo Pharmaceuticals N.V.


Varia US Properties AG


Zur Rose Group AG


SEBA Bank AG


Occlutech Holding AG


Intershop Holding AG


Comet Holding AG


Stifel Europe Bank AG


Investis Holding AG


PSP Swiss Property AG


Morgan Stanley


Basilea Pharmaceutica AG


Arbonia AG


Bank Vontobel


Feintool


Helveteq AG


Zürcher Kantonalbank


Credit Suisse AG


UBS


Skandinaviska Enskilda Banken


Highbridge Capital Management, LLC


Leonteq


CLSA Limited


Joincare Pharmaceutical


KSA Group


Meier Capital AG


Principaux dossiers


  • Acted as legal advisor on the successful offering and listings of Global Depositary Receipts (GDR) on SIX Swiss Exchange (SIX) of four Chinese companies — GEM Co., Ltd., Gotion High-tech Co., Ltd., Keda Industrial Group Co., Ltd. and Ningbo Shanshan Co., Ltd. The four companies are the first to issue GDR in the Swiss capital market through the China-Switzerland Stock Connect, after China Securities Regulatory Commission reformed the Stock Connect scheme and the Swiss regulators recently finalized the revised SIX listing rules in late July 2022.
  • Advised Cicor Technologies Ltd on the exercise of its option to reopen its issuance of mandatory convertible bonds due 2027 in an amount corresponding to CHF 40m and to sell those bonds to One Equity Partners (“OEP”).
  • Advised Feintool International Holding AG (“Feintool”) on its capital increase by approximately CHF 202m via a rights offering.

Bär & Karrer Ltd.

Spearheaded by ‘outstanding’ Rolf Watter, Ralph Malacrida, Lukas Roesler and Urs Kägi, Bär & Karrer Ltd. is sought out by clients for its expertise in the issuance of bonds and notes, as well as in relation to equity-linked and regulatory capital instruments. The team possesses vast experience in the banking, industrials, technology and healthcare fields. Frédéric Bétrisey is the key contact for capital markets in the firm’s Geneva office, whereas Paolo Bottini is the key contact in the Lugano office.

Responsables de la pratique:

Rolf Watter; Ralph Malacrida; Lukas Roesler; Urs Kägi


Autres avocats clés:

Frédéric Bétrisey; Paolo Bottini; Dieter Dubs


Les références

‘High-value advice, to the point and delivered quickly.’

‘Practical approach to solutions.’

‘Rolf Watter is an outstanding resource for corporate legal, Corporate Finance and governance subject matters. He is extremely responsive, quick to understand issues, quick to deliver legal support and very pragmatic in his approach. ’

Principaux clients

Firmenich / DSM


Lonza Group AG


Cohn Robbins Holdings Corp.


Highlight Event and Entertainment AG


Perfect Holding SA


Liechtensteinische Landesbank


Tyco Electronics Group S.A.


Interogo Holding


Syngenta Finance AG


Cavotec SA


Global InterConnection Group


Disruptive Capital Acquisition Company Ltd.


Hoffmann


Commerzbank AG


Principaux dossiers


  • Advising Firmenich in its Merger with DSM. On 31 May 2022, DSM and Firmenich announced a cross-border merger-of-equals which unites two iconic companies into a leading creation and innovation partner in nutrition, beauty and well-being. The new parent company will be located in Switzerland and listed on Euronext Amsterdam.

Kellerhals Carrard

A ‘pragmatic, solution-oriented and efficient’ team, Kellerhals Carrard routinely operates for banks and large companies, with particular expertise in asset management and financial services, as well as digital capital markets. Transaction expert Beat Brechbühl and Dominik Oberholzer steer the team, with the latter being particularly active in the field of asset management and listed financial products. Luca Bianchi is often engaged in the regulation of financial services, institutions and infrastructures, while Jean-Luc Chenaux’s expertise encompasses IPO and capital market transactions.

Responsables de la pratique:

Beat Brechbuehl; Dominik Oberholzer


Autres avocats clés:

Luca Bianchi; Jean-Luc Chenaux; Christian Witschi


Les références

The team is pragmatic, solution-oriented and efficient. Besides that, they understand entrepreneurship from the bottom, take new roads and find innovative solutions.’

‘Beat Brechbühl is highly efficient, a very strong negotiator and quick in analysis; he is very business oriented and fun to work with. The whole team is recommended.’

‘High personal commitment and partner attention.’

Principaux clients

Bank Vontobel


BKW AG


BV Holding/Skan


Dätwyler Holding Inc.


Deutsche Bank


Disruptive Issuance PCC Ltd


Edisun Power Europe AG


Franklin Templeton


Galenica


Kursaal Bern AG


Macquarie


MoonLake Immunotherapeutics AG


Neur.on


RealUnit Schweiz AG


STILLE AB


Sygnum Bank


UBS AG


Vaudoise Assurances Holding SA


Vifor Pharma


Principaux dossiers


  • Advised BKW AG as borrower of its CHF 1.5bn syndicated multicurrency revolving credit facility. The transaction is BKW’s largest debt funding transaction of all time.
  • Advised Galenica on their successful placement of a bond of over CHF 240m.
  • Advised Dätwyler Holding Inc. (SIX: DAE) on their successful placement of a CHF 240m fixed rate bond.

MLL Legal

Capable of handling international cross-border mandates, MLL Legal demonstrates notable expertise in IPOs, private placements, rights and debts offerings as well as exchange offers. Praised by clients for its ‘excellent cooperation’, the practice is regularly entrusted to assist issuers and investment banks on complex transactions. Wolfgang Müller and Catrina Luchsinger Gähwiler jointly helm the team, with the latter focusing on structuring investment products. Christoph Heiz has recently handled bond restructurings and capital market regulatory matters, while Andrea Sieber is notably active in regulated industries, as well as the entertainment, retail and luxury field. Mark Montanari and Daniel Schoch are other key names to note.

Responsables de la pratique:

Wolfgang Müller; Catrina Luchsinger Gähwiler


Autres avocats clés:

Christoph Heiz; Andrea Sieber; Mark Montanari; Daniel Schoch


Les références

‘Collaboration works well. Work is not duplicated, but efficiently divided between work product creation and review.’

‘Wolfgang Müller is very responsive, has a great deal of expertise and can communicate the results of work in an understandable and concise manner.’

‘The team covers all of our needs, has a high level of competence and is responsive.’

Principaux clients

Allreal Holding AG


Burkhalter Holding AG


Calida Holding AG


DOTTIKON ES HOLDING AG


HIAG Immobilien Holding AG


Iconic Funds BTC ETN GmbH


Liontrust Asset Management PLC


Meyer Burger Technology AG


Nova Property Fund Management AG


Novavest Real Estate AG


Schlatter Industries AG


Senioresidenz AG


Talenthouse AG


Trifork Holding AG


VanEck


Principaux dossiers


  • Advising UK-based Liontrust Asset Management PLC in its widely observed public exchange offer for all shares of SIX-listed GAM Holding AG; the offer prospectus was published on 13 June 2023.
  • Advised Burkhalter Holding AG in the merger and takeover of SIX-listed poenina holding ag and the listing of the new Burkhalter shares on SIX Swiss Exchange thereby creating a company with a market cap exceeded CHF 750m based on the closing share price of 29 June 2022.
  • Advised Allreal Holding AG in the issue of a 5-year green bond at 3% p.a., issue price 100.057%, in the amount of CHF 150m in April 2023. Zürcher Kantonalbank, Credit Suisse and UBS acted as joint bookrunners.

Pestalozzi

While possessing particular expertise in debt capital market transactions and listings, among others, Pestalozzi’s capabilities extend from high yield bond issues and structured product programmes to a diverse range of innovative transactions. Christian Leuenberger and ‘outstanding’ Oliver Widmer steer the practice, with the former specialising in equity capital market transactions and public takeovers, while the latter counts a diverse array of clients, from banks to high net worth individuals, in his roster. Urs Klöti is recommended for his expertise in regulatory and compliance matters and Beat Schwarz is noted for his expertise in debt capital markets work. Severin Roelli is also recommended.

Responsables de la pratique:

Christian Leuenberger; Oliver Widmer


Autres avocats clés:

Urs Klöti; Beat Schwarz; Severin Roelli; Franz Schubiger; Sébastien Roy; Andrea Huber


Les références

‘Quick to grasp situations and knowledgeable in operational and organisational aspects of financial services.’

‘Concise drafters in English and German. Practical advice, can also provide client form proposals and text blocks.’

‘Not risk averse but they shine a clear light on risk and risk assessment factors.’

Principaux clients

Achiko AG


Bank of America Merrill Lynch


Citigroup


Coca Cola HCB


Credit Suisse


Deutsche Bank


Glencore


Goldman Sachs


H.C. Wainwright & Co


Helix Acquisition Corp


Instimatch


J.P. Morgan


L1 Capital


Leclanché


Mettler2Invest


Noble


RiverRock European Capital Partners LLP


Schlumberger


STX Fixed Income


SVB Leerink


Swisscom


Vicenda


Principaux dossiers


  • Advised Coca Cola Hellenic Bottling on the renewal of the bond programme in the amount of CHF 5bn and several issuances in the amount of more than CHF 1bn under such programme.
  • Advised Leclanché on the implementation of the CHF 350m carve-out of its eTransport business into a separate entity effective as of 1 January 2022 including post-closing implementation. Also advised Leclanché in connection with a CHF 66m private placement (2023).
  • Advised Noble Corporation and its Swiss financing companies in its re-financing of USD 1.3bn and acted as co-ordinator for the transaction.

Schellenberg Wittmer Ltd

Noted for its ‘tailor-made advice and deep knowledge of the market’, Schellenberg Wittmer Ltd is well versed in mandates arising from financial services, industrial and energy sectors, among others. The team, which is led by Philippe Borens and Tarek Houdrouge, is capable of advising an array of clients on public takeovers and exchange traded products. Borens excels in the area of equity and debt capital markets and Houdroudge strengthens the team with his knowledge in cross-border trade receivables securitisation and derivative transactions. Olivier Favre’s client base encompasses financial institutions, buy-side firms and issuers. Pascal Hubli and Lorenzo Olgiati are also recommended. In December 2022, Martin Lanz retired from the practice.

Responsables de la pratique:

Philippe Borens ; Tarek Houdrouge 


Les références

‘Up-to-date expertise on derivatives documentation and exceptional client servicing.’

‘Very knowledgeable individuals; they are up to speed and very precise. ’

‘Philippe Borens and his team are extremely accurate and available at any time. ’

Principaux clients

BNP Paribas (various entities in UK, Ireland, France, Germany and Switzerland)


Bank Reichmuth


AXA Life Ltd


Barclays Bank PLC


First Quantum Minerals


Schroder & Co Bank


Ams-OSRAM AG


Bank Vontobel


Raiffeisen Switzerland


Spice Private Equity Ltd (formerly APEN / AIG Private Equity Ltd)


Deutsche Bank


Zurich Kantonalbank, Zurich


Credit Suisse AG


UBS AG


InRoll AG


International Swaps and Derivatives Association (ISDA)


Futures Industry Association (FIA)


Swiss Bankers Association (SBA)


China Construction Bank


Leonteq Securities AG


Standard Chartered


Helvetische Bank AG


Bauwerk Boen AG


Reuss Private Group AG


Mirabaud Asset Management


REYL & Cie SA


PIERER Mobility AG


Technogroup IT Services AG


OC Oerlikon Corporation Pfäffikon


Conforama Suisse SA


Brera Partners Switzerland AG


CAT Financial Products Ltd.


Principaux dossiers


  • Acted as counsel to BNP Paribas (Suisse) SA as lead manager in the issuances by e.on SE of CHF 155m senior fixed notes due 2025 and CHF 145m senior fixed notes due 2029, both listed and admitted to trading on SIX Swiss Exchange.
  • Acted as Swiss to several Canadian banks as issuers of CF notes and CHF covered bonds, all listed and admitted to trading on SIX Swiss Exhange. The notes and bonds were issued under the banks’ programmes for the issuance of debt instruments.
  • Acted as counsel to Leonteq Securities AG (Leonteq) for the annual renewal and update of its FinSA Programme for the issuance of structured products, warrants and other debt instruments, which was approved by the SIX Exchange Regulation on 22 September 2021. Advised Leonteq on the drafting of such Programme and its approval by the SIX Exchange Regulation in view of compliance with the FinSA.

VISCHER

Praised for its ‘responsiveness and in-depth knowledge of the market’, VISCHER’s capabilities include the listing of domestic and international equity, debt and issuance programmes, among others. The team also possesses substantial expertise in managing an extensive variety of bond issues. Leading the practice is Adrian Dörig, who demonstrates strengths in structured finance transactions, alongside various regulatory and contractual issues. Markus Guggenbühl bolsters the practice with his considerable experience advising on debt, equity and hybrid financial instruments. Robert Bernet fields a strong practice in the corporate sphere, and Jana Essebier possesses a wealth of experience in assisting clients with derivatives, structured products and other financial instruments.

Responsables de la pratique:

Adrian Dörig


Autres avocats clés:

Markus Guggenbühl; Robert Bernet; Jana Essebier; Matthias Staehelin; Stefan Grieder


Les références

‘I love working with the team because of their responsiveness and in-depth knowledge of the market.’

‘Jana Essebier shows a a true interest in their clients and thoroughly know what moves them.’

‘They are very hands on and responsive.’

Principaux clients

Elliott Advisors (UK) Limited


RELIEF THERAPEUTICS Holding SA


Elementum Metals Securities plc


PricewaterhouseCoopers AG acting as liquidator of Lehman Brothers in Switzerland


Kuros Biosciences AG


Spexis AG (formerly Polyphor AG)


Forty51 Advisors AG


Principaux dossiers


  • Acting as Swiss legal advisor to legendary hedge fund Elliott in relation to various matters with Swiss ends or involvements.
  • Advised Relief Therapeutics Holding SA in essentially all its major (capital markets) transactions and on compliance with capital markets and stock exchange rules.
  • Advising regarding listing at the SIX Swiss Exchange of, and investment in, global depository receipts (GDRs) of Chinese issuers representing their A shares listed at the Shanghai or Shenzhen Stock Exchange.

CMS von Erlach Partners Ltd.

Led by Matthias Kuert, CMS von Erlach Partners Ltd.’s capital markets practice counts a consortium of clients, from global listed companies to industrial enterprises, in its roster. The team covers a variety of matters in the remit of capital markets, including fintech, proxy fights and an array of compliance issues. Kuert advises clients in general contract, commercial and financial law matters, while Tina Balzli is routinely engaged by leading Swiss and foreign financial institutions to handle a broad scope of matters.

Responsables de la pratique:

Matthias Kuert


Autres avocats clés:

Tina Balzli


Les références

‘The whole CMS team is very harmonious. Our enquiries are passed on very promptly to the respective colleagues according to their expertise.’

‘Our direct contact person, Matthias Kürt, remains informed and keeps an eye on our concerns as a whole.’

‘Matthias Kürt has so far advised us very competently, quickly and purposefully on matters relating to capital market law (Swiss IPOs), share tokenisation and employee share ownership. Compared to other law firms and lawyers, it stands out that Matthias Kürt always responds very promptly.’

Principaux clients

Talenthouse AG


Aequitec AG


Wockhardt Bio AG


Principaux dossiers


  • Advising the board of Talenthouse AG on various private placements to investors and investments by the company.
  • Advising Wockhardt Bio AG on the voluntary de-listing of its shares from BX Swiss Exchange AG.
  • Advising Aequitec on its innovative share registry services offering, which Aequitec also provides to public companies.

GHR Rechtsanwälte

Acting for a range of clients extending from privately owned and listed companies to private individuals, boutique firm GHR Rechtsanwälte maintains a broad offering that encompasses IPOs, rights offerings and bond issuances, among others. Practice head Marc Gruninger bolsters the practice with his expertise in corporate governance, compliance and shareholder relations. Stefan Hofer is another name to note in the practice.

Responsables de la pratique:

Marc Grüninger


Autres avocats clés:

Stefan Hofer


Principaux clients

CEMEX, S.A.B. de C.V.


Koa Switzerland AG, KOA Impact Ghana Ltd


Principaux dossiers


  • Acted for CEMEX, S.A.B. de C.V. (NYSE: CX) in connection with its new €500m 3-year unsecured sustainability-linked Term Loan.
  • Advised Koa Switzerland & Ghana on the Establishment of Senior Loan Facilities in February 2022.

Prager Dreifuss AG

Prager Dreifuss AG principally covers the planning and implementation of IPOs and stock exchange regulation for clients that include listed companies and banks. Urs Bertschinger spearheads the practice, contributing his considerable experience in financial market regulation and financial products. Andreas Moll is geared to handle domestic and cross-border transactions.

Responsables de la pratique:

Urs Bertschinger


Autres avocats clés:

Andreas Moll


Principaux dossiers


Wenger Vieli Ltd

Providing clients with ‘tailored expertise’, Wenger Vieli Ltd fields a broad offering that covers equity and debt capital market matters, as well as advising clients on digitisation and tokenisation. Pascal Honold helms the practice, strengthening the team with his wealth of experience in handling public takeover bids, disclosure requirements and debt instruments, among others. ‘Proactive’ Beat Speck and Wolfgang Zürcher are also recommended.

Responsables de la pratique:

Pascal Honold


Autres avocats clés:

Beat Speck; Wolfgang Zürcher


Les références

‘Deep understanding of local and global markets ensures solutions tailored to any client’s needs.’

‘Personalised advice and a genuine understanding of the business.’

Comprehensive skills across all capital market transactions, delivered efficiently.’

Principaux clients

Sygnum Bank


NLS Pharmaceutics


Burckhardt Compression Holding


Vontobel Holding


Züblin Immobilien Holding


Turnqey


Alegra Capital


Daimler


Swiss Property


Private Equity Holding


u-blox Holding


Crealogix Holding


Principaux dossiers


  • Advised NLS Pharmaceutics on PIPE transaction.
  • Advised NLS Pharmaceutics on its private placement and conversion of existing short-term notes