Advestra advises Andermatt Swiss Alps on its refinancing

Ander­matt Swiss Alps AG entered into a CHF 125 mil­lion revolving cred­it facil­ity with Cred­it Suisse (Switzer­land) Ltd. act­ing as arranger, agent and lender and a con­sor­ti­um of Swiss banks act­ing as lenders to refin­ance its exist­ing fin­an­cial indebted­ness and to fin­ance work­ing cap­it­al needs and invest­ments for the devel­op­ment of, among oth­er things, hotel and tour­ism infra­struc­ture in Andermatt.

Ander­matt Swiss Alps AG is a real estate devel­op­ment com­pany known for devel­op­ing lux­ury alpine resorts in Ander­matt, Switzer­land with the ambi­tion of trans­form­ing the Ander­matt region into a year-round prime alpine tour­ist destination.

Advestra acted as leg­al coun­sel to the Ander­matt Swiss Alps in the trans­ac­tion. The team included Alex­an­der von Jein­sen, Alex­an­der Fisch, Sandro Fehl­mann and Fabi­an Loretan (all Fin­an­cing), Daniel Raun and Anna Capaul both (Corporate|M&A) as well as Céline Mar­tin (Tax).