Walder Wyss acted as legal counsel to Swiss Life on this transaction. Homburger advised the Joint-Lead Managers.
Swiss Life successfully placed a EUR 600 million senior green bond on 8 September 2021, with maturity in 2031 and a 0.5% coupon. The bond was placed with investors in the European market.
The proceeds will be used in line with Swiss Life’s Green Bond Framework 2021, which is focused on real estate, including future refinancings of outstanding senior green bonds. The bond is guaranteed by Swiss Life Holding Ltd.
J.P. Morgan, UBS Investment Bank, BofA Securities, Citigroup and Deutsche Bank acted as Joint-Lead Managers. J.P. Morgan also acted as Green Structuring Agent to the issuer.
Swiss Life Holding AG is a financial services company. The Company provides life and property insurance, institutional investment management, and private banking services.
The Walder Wyss team was led by Markus Pfenninger (Picture – Partner, Transactions) and Ramona Wyss (Transactions) and included Maurus Winzap (Partner, Tax), Fabienne Limacher (Partner, Tax) and Christian A. Schmid (Associate, Transactions).
The Homburger team was led by partner René Bösch (Capital Markets) and included partners Benjamin Leisinger (Capital Markets) and Dieter Grünblatt (Tax) as well as associate Andrea Ziswiler (Capital Markets).
Involved fees earner: René Bösch – Homburger; Dieter Grünblatt – Homburger; Benjamin Leisinger – Homburger; Andrea Ziswiler – Homburger; Fabienne Limacher – Walder Wyss Ltd.; Markus Pfenninger – Walder Wyss Ltd.; Christian Schmid – Walder Wyss Ltd.; Maurus Winzap – Walder Wyss Ltd.; Ramona Wyss – Walder Wyss Ltd.;