Sika AG’s CHF 750 Million Multicurrency Revolving Credit Facility

Homburger has advised Citibank Europe plc, UK Branch and Citibank, N.A., London Branch with regard to a CHF 750 million multicurrency revolving credit facility financing for Sika AG.

Sika AG is a specialty chemical company for building and motor vehicle supplies, headquartered in Baar, Switzerland. It has a leading market position in both the building sector and the automotive industry. Business activities focus on the seven target markets.

Homburger acted as counsel to Citibank Europe plc, UK Branch in its capacity as Agent, and Citibank, N.A., London Branch, in its capacity as Coordinator, Bookrunner, Mandated Lead Arranger or Original Lender under a Swiss law governed revolving credit facility agreement establishing a CHF 750 m multicurrency revolving credit facility for Sika AG as Borrower and a syndicate of banks consisting of Credit Suisse (Schweiz) AG, HSBC Bank plc, London, Zurich Branch, UBS Switzerland AG and Zürcher Kantonalbank as Bookrunners, Mandated Lead Arrangers or Original Lenders.

Homburger advised Citibank Europe plc, UK Branch and Citibank, N.A., London Branch as well as the other syndicate banks with regard to all legal aspects of the financing transaction.

The Homburger team was led by partner Jürg Frick (Banking and Finance, in picture) and included partner Stefan Oesterhelt (Tax) as well as associate Stefan Bindschedler (Banking and Finance).

Involved fees earner: Stefan Bindschedler – Homburger; Jürg Frick – Homburger; Stefan Oesterhelt – Homburger;

Law Firms: Homburger;

Clients: Citibank; Citibank Europe ; Credit Suisse; Hsbc Bank plc; UBS AG; Zürcher Kantonalbank;