Credit Suisse Group AG’s £450 Million Bail-inable Notes Offering

Homburger advised Credit Suisse Group AG on the deal.

Credit Suisse Group AG successfully completed its issuance of GBP 450 m 2.125 per cent. Fixed Rate Reset Senior Callable Notes due 2029 under its Medium Term Note Programme. The Notes are bail-inable bonds that are eligible to count towards Credit Suisse Group AG’s Swiss gone concern requirement.

The Notes have been provisionally admitted to trading, and application has been made for admission and listing of the Notes, on the SIX Swiss Exchange.

The Homburger team was led by partner Benjamin Leisinger (Picture – Capital Markets) and included partner Dieter Grünblatt (Tax), as well as counsel Lee Saladino and associate Andrea Ziswiler (both Capital Markets).

Involved fees earner: Dieter Grünblatt – Homburger; Benjamin Leisinger – Homburger; Lee Saladino – Homburger; Andrea Ziswiler – Homburger;

Law Firms: Homburger;

Clients: Credit Suisse;

Author: Federica Tiefenthaler