Deals & Cases

Homburger advises banks on CABB group’s high yield bond and RCF refinancing

Homburger advised the initial purchasers and arrangers in connection with CABB group’s EUR 250 m senior secured floating rate notes and EUR 420 m 8.75% senior secured fixed rate notes due 2028 and a new EUR 110 m revolving credit facility. Homburger advised the initial purchasers with respect to all Swiss legal aspects of the transaction.

CABB group, owned by Permira funds since 2014, is a leading crop science development and manufacturing (CDMO) and fine chemistry manufacturer, supplying customised active ingredients and high-complexity and high-purity chemical ingredients to customers in the crop science, life science and performance materials market.

The Homburger team was led by Jürg Frick and included Laura Müller, Sarah Fasel (all Financing and Investment Products) and Stefan Oesterhelt (Tax).