Advestra advises on the rights offering by Meyer Burger
Meyer Burger Technology successfully completed a capital increase raising gross proceeds of approximately CHF 207 million. The transaction consisted of an offering of subscription rights and the subsequent placement of shares for which rights were not exercised. The proceeds from the offering shall be used in particular to finance Meyer Burger’s U.S. expansion. Jefferies acted as Sole Global Coordinator and together with Commerzbank as Joint Bookrunners. Helvetische Bank acted as settlement agent.
Advestra acted as legal counsel to Jefferies, Commerzbank and Helvetische Bank. The team included Alexander von Jeinsen, Valérie Bayard, Annette Weber, Thomas Reutter, Fabian Wild, Sandro Bojic, Luca Schmid and Martina Giacometti (all Capital Markets) as well as Céline Martin (Tax).