Corporate / M&A

Regulatory

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On January 11, 2024, Barnes Group Inc. announced the sale of its Associated Spring and Hänggi businesses to One Equity Partners.
Associated Spring and Hänggi are leaders and innovators in engineered spring and precision metal component manufacturing, progressive stamping, micro-stamping, and fine blanking. The transaction is valued at USD 175 m.
Homburger advises One Equity Partners on the Swiss aspects of the transaction. The Homburger team includes Claude Lambert, Léonard Aeschlimann, Daniel Bötticher and Caroline Grand (all Corporate / M&amp;A), Gregor Bühler and Joel Fink (both Regulatory) as well as Philippe Weber (Tax).

Homburger advises One Equity Partners on its acquisition of the Associated Spring and Hänggi businesses of Barnes Group Inc.

Capital Markets

Homburger advised UBS Group AG on its debut issuance

On November 13, 2023, UBS Group AG successfully completed its offering of an aggregate of USD 3.5 bn of AT1 Notes. The offering comprised two tranches: USD 1.75 bn of 9.250 per cent. AT1 Notes, which are redeemable at the option of UBS Group AG after five years, and USD 1.75 bn of 9.250 per cent. AT1 Notes, which are redeemable at the option of UBS Group AG after ten years.
The Notes are «high trigger» regulatory capital instruments that are eligible to fulfill UBS Group AG’s Swiss going concern requirements and constitute UBS Group AG&#8217;s first issuance of AT1 capital instruments since the acquisition of the Credit Suisse group in March 2023.
The Notes also constitute UBS Group AG&#8217;s first ever issuance of regulatory capital instruments with an equity conversion feature. While the Notes are initially subject to write-down in accordance with their terms upon occurrence of a «Trigger Event» or a «Viability Event», the terms of the Notes provide that, following approval of a minimum amount of conversion capital by UBS Group AG&#8217;s shareholders, upon occurrence of a such an event, the Notes will be converted into ordinary shares of UBS Group AG in accordance with their terms rather than be subject to write-down.
The Notes 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 Notes, on the SIX Swiss Exchange.
Homburger advised UBS with respect to all regulatory, transactional and tax aspects of Swiss law. The Homburger team was led by Benedikt Maurenbrecher and Stefan Kramer, and included Lee Saladino, Daniel Hulmann and Yulia Shaburnykova (all Capital Markets), as well as Dieter Gericke, Claude Lambert, Micha Fankhauser and Aron Belegu (all Corporate / M&amp;A) and Stefan Oesterhelt (Tax).

Homburger advised UBS Group AG on its debut issuance of USD 3.5 bn AT1 Notes with an equity conversion feature

Financing and Investment Products

Aryzta

Homburger acted as counsel to ARYZTA AG in its capacity as borrower in connection with its CHF 71.8 m and EUR 60 m senior term facilities, coordinated by Coöperatieve Rabobank U.A.
Homburger advised ARYZTA AG with regard to all Swiss legal aspects of the financing transaction.
The Homburger team was led by Claude Lambert (Corporate / M&amp;A) and comprised Benedikt Maurenbrecher, Eduard De Zordi and Stefan Bindschedler (all Financing and Investment Products) as well as Stefan Oesterhelt (Tax).

Homburger advised ARYZTA AG with regard to its CHF 71.8 m and EUR 60 m senior term facilities

He is experienced in a broad range of transactions, including trade sales, tender offers, IPOs, rights offerings and financings. In addition, he advises clients regarding corporate matters, including shareholders&#8217; meetings, corporate governance and compliance matters, as well as share participation plans. Claude Lambert is a lecturer in commercial and corporate law at the University of Zurich.

Claude
Lambert

Homburger advises One Equity Partners on its acquisition of the Associated Spring and Hänggi businesses of Barnes Group Inc.

Homburger advised UBS Group AG on its debut issuance of USD 3.5 bn AT1 Notes with an equity conversion feature

Homburger advised ARYZTA AG with regard to its CHF 71.8 m and EUR 60 m senior term facilities

Private M&A 2024: Switzerland

Corporate governance and directors' duties in Switzerland: overview 2022 / 2023

Private M&A 2023: Switzerland

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Homburger advises One Equity Partners on its acquisition of the Associated Spring and Hänggi businesses of Barnes Group Inc.

Homburger advised UBS Group AG on its debut issuance of USD 3.5 bn AT1 Notes with an equity conversion feature

Homburger advised ARYZTA AG with regard to its CHF 71.8 m and EUR 60 m senior term facilities

Private M&A 2024: Switzerland

Corporate governance and directors' duties in Switzerland: overview 2022 / 2023

Private M&A 2023: Switzerland

Join the Team

Claude Lambert

Career

Languages

Bar Registration

Teams

Claude
Lambert