Advestra advises Salt on its High-Yield Bond Offering and New Term Loan Facility

Advestra advised Salt Mobile S.A., a Swiss tele­com­mu­nic­a­tions pro­vider, in con­nec­tion with the suc­cess­ful offer­ing of EUR 420 mil­lion aggreg­ate prin­cip­al amount of 4.500% seni­or secured notes due 2030 and EUR 430 mil­lion aggreg­ate amount of a new term loan facil­ity. The high-yield notes and the facil­ity were issued by Mat­ter­horn Tele­com S.A., the par­ent com­pany of Salt Mobile, and guar­an­teed by Salt Mobile and Mat­ter­horn Tele­com Hold­ing S.A.

Salt Mobile is one of the three major nation­al integ­rated tele­com­mu­nic­a­tions pro­viders in Switzer­land and the fast­est grow­ing fully con­verged Swiss tele­com­mu­nic­a­tions operator.

Advestra acted as Swiss leg­al coun­sel to Salt Mobile. The team included Sandro Fehl­mann, Jan-Nick­las Bentz and Fabi­an Loretan (all Cap­it­al Mar­kets and Fin­ance) as well as Céline Mar­tin (Tax).