Advestra advises Sandoz on the issuance of EUR 600 mio. bonds

San­doz suc­cess­fully placed EUR bonds in the aggreg­ate prin­cip­al amount of EUR 600 mil­lion. The bonds were issued by San­doz Fin­ance B.V. and guar­an­teed by San­doz Group AG. The bonds have a coupon of 3.250% and will mature in 2029. BofA Secur­it­ies Europe SA, HSBC Con­tin­ent­al Europe, Société Générale Cor­por­ate & Invest­ment Bank­ing, BNP Pari­bas, Cit­ig­roup, J.P. Mor­gan SE, Mizuho Secur­it­ies Europe GmbH and UBS Lon­don Branch acted as joint lead man­agers in this transaction.

Advestra acted as leg­al coun­sel to San­doz. The team included Annette Weber, Mar­iëlle van Nim­we­gen, Fabi­an Loretan and Mil­an Schéda (all Cap­it­al Mar­kets) as well as Céline Mar­tin (Tax).