Deals & Cases

Homburger advised Danaher on the issuance of five tranches of CHF bonds in an aggregate principal amount of CHF 1.25 bn

On October 10, 2025, Danaher successfully completed its issuance of five tranches of CHF bonds in an aggregate principal amount of CHF 1.25 bn, consisting of (i) CHF 250 m in aggregate principal amount of 0.4773% Guaranteed Bonds due April 9, 2027, (ii) CHF 325 m in aggregate principal amount of 0.8875% Guaranteed Bonds due October 10, 2029, (iii) CHF 325 m in aggregate principal amount of 1.2650% Guaranteed Bonds due October 10, 2033, (iv) CHF 225 m in aggregate principal amount of 1.6249% Guaranteed Bonds due October 9, 2037, and (v) CHF 125 m in aggregate principal amount of 1.9400% Guaranteed Bonds due October 10, 2045. The bonds were issued by the Luxembourg finance subsidiary DH Switzerland Finance S.à r.l. and guaranteed by Danaher Corporation, the parent company of the Danaher group.

The bonds are governed by Swiss law and have been provisionally admitted to trading, and application has been made for definitive admission to trading and listing of the bonds, on the SIX Swiss Exchange.

BNP PARIBAS, Paris, Lancy/Geneva Branch, Commerzbank Aktiengesellschaft and Deutsche Bank Aktiengesellschaft, acting through Deutsche Bank AG Zurich Branch, acted as joint lead managers.

Danaher was advised by Homburger as Swiss counsel, WilmerHale as U.S. counsel, and DLA Piper as Luxembourg counsel. The joint lead managers were advised by Schellenberg Wittmer as Swiss counsel.

The Homburger team was co-led by Benjamin Leisinger and Lee Saladino (both Capital Markets) and included Olivier Baum and Yulia Shaburnykova (both Capital Markets), as well as Stefan Oesterhelt (Tax).