Advestra advises Galderma on its inaugural bonds in the aggregate principal amount of CHF 500 million

Fol­low­ing its IPO, Gal­derma placed suc­cess­fully seni­or guar­an­teed bonds in two tranches in the aggreg­ate prin­cip­al amount of CHF 500 mil­lion. Both tranches are issued by Gal­derma Hold­ing AG and guar­an­teed by Gal­derma Group AG. The first tranche of an aggreg­ate prin­cip­al amount of CHF 250 mil­lion will mature in 2028 and has a coupon of 1.6% and The second tranche of an aggreg­ate prin­cip­al amount of CHF 250 mil­lion with a coupon of 1.9% will mature in 2032. ZKB and UBS acted as Joint Lead Man­agers in this transaction.

Advestra acts as leg­al coun­sel to Gal­derma. The team includes Annette Weber and Valérie Bayard (both Cap­it­al Mar­kets) as well as Céline Mar­tin (Tax).