Dr. Sandro Fehlmann, LL.M.
Partner | Attorney at law (Switzerland & California)
B.A. HSG in Business Administration
T. +41 58 510 92 89 | +41 79 744 35 89
sandro.fehlmann@advestra.ch
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Sandro Fehlmann’s practice focuses on capital market transactions (equity and debt) as well as on insurance, banking and financial market laws. He also frequently advises clients on M&A transactions as well as complex project financing and other ECA transactions.
Sandro’s capital market practice focuses on equity capital markets (particularly IPOs), both on the issuer’s and bank’s side. In addition, Sandro has extensive experience in complex regulatory and equity-linked capital issuances, including convertible bonds.
A broad range of Swiss and foreign insurance companies, banks, securities dealer and other financial intermediaries including fintech businesses trust in Sandro’s advice with regard to a wide range of regulatory, corporate and commercial matters as well as on matters related to stock exchange laws. Many financial institutions appreciate Sandro’s extensive experience and knowledge on M&A and other transactions such as asset and portfolio transfers as well as investments and joint ventures. Furthermore, frequent advice on complex project financing and other ECA transactions are also part of Sandro’s key competences.
Sandro Fehlmann has published several articles on topics in capital markets, financial markets and insurance and is regularly invited to speak on these topics. IFLR 1000 2019 and 2020 list Sandro as a as a notable practitioner in Switzerland.
Capital Markets
- Advising Swiss Prime Site on the placement of repackaging convertible loan notes in the amount of CHF 275 million
- Advising Bank of America Merrill Lynch, Credit Suisse AG and Goldman Sachs International in an offering and placement of CHF 600 million senior unsecured convertible bonds of Idorsia
- Advising Goldman Sachs, Jefferies and ZKB in a combined offering on the placement of shares and EUR 145 million green guaranteed senior unsecured convertible bonds of Meyer Burger
- Advising the private equity firm Ares Management Corporation in connection with its investment in Peach Property Group by way of mandatory convertible bonds in the amount of CHF 155 million
- Advising Credit Suisse, J.P. Morgan and BofA Securities in the Rights Offering of CHF 535.5 million of Idorsia
- Advising SIG Combibloc Group as Issuer and Onex as Selling Shareholder on the IPO of SIG and on the Migration of the Holding Company from Luxembourg to Switzerland
- Advising Vontobel on the Placement of CHF 450 million Tier 1 Bonds to fund the acquisition of Notenstein La Roche
M&A
- Advising Glencore, CPP Investments and BCI, as shareholders, in Viterra Ltd.'s business combination with Bunge Ltd
- Advising Shift4 on the acquisition of SecurionPay
- Advising SIG Combibloc on the acquisition of Scholle IPN
- Advising SIG Combibloc on the acquisition of Pactiv Evergreen's fresh carton business in Asia
- Advising Swiss Re on the sale of Elips Life AG to Swiss Life
- Advising the sellers on the sale of the Katadyn Group
- Advising the fintech company Unifiedpost Group on its acquisition of Crossinx
- Advising Zurich Insurance Company on its Investment in autoSense AG, a Joint Venture with Swisscom and AMAG
Regulatory
- Advising Zurich on the establishment of its service company
- Advising bob Finance with respect to the Cooperation between PostFinance and bob Finance for the Launch of the PostFinance personal loan
- Advising a Major Swiss Insurance Company in relation to two Swiss Insurance Branches of Foreign Group Companies on the (i) Transfers of Insurance Portfolios and Branch Assets as well as (ii) Return of the FINMA Licenses und Release from Supervision by FINMA
- Advising UBS on its Transfer of the Asset Management Business booked in Switzerland to UBS Asset Management Switzerland (including the Establishment of a FINMA Licensed Asset Manager for Collective Investment Schemes)
ECA Transactions and Financing
- Advising Citibank on the ECA Financing of MRS Logistica
- Advising Credit Suisse on the ECA Financing and Collateral Structure for the Ankara - Nidge Highway in Turkey
- Advising Goldman Sachs and Credit Suisse on the Financing of the Largest Thermoelectric Plant in Latin America and the Caribbean Run by Centrais Elétricas de Sergipe (CELSE)
- University of St. Gallen (HSG): Dr. iur. (2023)
- Partner at Advestra (since 2021)
- California Bar Exam (2020)
- Foreign Associate at Cravath, Swaine & Moore LLP, New York (2019-2020)
- Northwestern University, Chicago: LL.M. with Honors (2019)
- Associate at Bär & Karrer (2017-2020)
- Admission to the Bar of the canton of Zurich (2017)
- Tax-Consultant at a Big Four company (2016)
- Junior Associate at Bär & Karrer (2014-2015)
- Tax trainee and consultant at a Big Four company (2012-2014)
- University of St. Gallen (HSG): M.A. HSG in Law (2014)
- University of St. Gallen (HSG): B.A. HSG in Law (2012)
- Trainee at the investment banking department of a big Swiss bank (2011)
- University of St. Gallen (HSG): B.A. HSG in Business Administration (2011)
- California Lawyers Association (CLA)
- Zurich Bar Association (ZAV)
- Northwestern Alumni
- HSG Alumni
- The Structuring of (Unregistered) Security Offerings of Swiss Listed Companies, GesKR 1/2024, p. 86 ff. (with David Dixter, Varun Natteri Mangadu, Kristian Sutt and Thomas Reutter)
- Switzerland: Trends & Developments in Alternative Funds, Chambers Alternative Funds 2023 Global Practice Guide (with Rashid Bahar)
- Switzerland: Trends & Developments in Alternative Funds, Chambers Alternative Funds 2022 Global Practice Guide (with Rashid Bahar)
- Lecturer at the «MAS in Finance: Investment Controlling» course of the University of Zurich
- Lecturer at the «CAS Finanzmarktrecht» course of the University of Zurich
- Speaker at the seminar "Kapitalmarkt – Recht und Transaktionen XVII" regarding "Corporate Finance in the light of the new Financial Services Act"
- The new Swiss prospectus regime - What an IPO candidate needs to know, Capital Market Switzerland, GoingPublic Magazin, Vol. 8, 2020 (with Patrick Förg)
- The New Swiss Prospectus Regime - What You as an IPO Candidate Need to Know, "Going Public" Publications, SIX Swiss Exchange Ltd, Zurich, November 2019 (with Thomas Reutter and Patrick Förg)
- Swiss Export Risk Insurance SERV, Project Finance and Capital Markets – a Challenging Combination, GesKR 2/2019, p. 270 ff. (with Peter Hsu)
- Investment Funds under Swiss Law, Lecture as part of the course «MAS in Finance: Investment Controlling» at the University of Zurich, 13 March 2019.
- Corporate Governance of Insurers - Report for Switzerland, AIDA Questionnaire on the Corporate Governance of Insurers, AIDA World Congress in Rio 2018, London 2018 (with Peter Hsu)
- New Regulatory Guidelines on Operational Risks and Remuneration Schemes for Banks, Securities Dealers and Financial Groups/Conglomerates, CapLaw 3/2017, p. 8 ff. (with Peter Hsu)
- New Regulatory Guidelines on Corporate Governance for Banks, Securities Dealers and Financial Groups/Conglomerates (FINMA Circular 2017/1), CapLaw 2/2017, p. 11 ff. (with Peter Hsu)
- German
- English
- All Swiss courts
- California
- Advestra advises MIGx Management and Shareholders on a Partnership with GREENPEAK Partners
- Advestra advises Swiss Re on the sale of iptiQ's European Property and Casualty insurance business to Allianz Direct
- Advestra advises Liberta Partners on the acquisition of DeinDeal
- Advestra advises Wille Finance on its anchor investment in SwissComply
- Advestra advises Goldman Sachs and UBS on the placement of CHF 200m convertible bonds due 2029 and the public repurchase offer for outstanding convertible bonds due 2025 of DocMorris
- Advestra advises Kinarus Therapeutics Holding AG and Curatis AG on the Combination of Their Businesses by Way of Reverse Merger
- Advestra advises Andermatt Swiss Alps on its refinancing
- Advestra advises the sellers on the sale of CarNet Management to AXA Schweiz
- Advestra advises the sellers on the sale of a stake in Hauser Group
- Advestra advises Marc O'Polo on the acquisition of the Swiss business from distribution partner Bollag-Guggenheim