Homburger advised Credit Suisse AG on its issuance of EUR 2 bn aggregate principal amount of fixed and floating rate senior notes

On May 14, 2020, Credit Suisse AG (Credit Suisse) launched, and on May 18, 2020 successfully completed, the issuance of (i) EUR 1.5 bn aggregate principal amount of floating rate senior notes due May 2022, and (ii) EUR 500 m aggregate principal amount of 0.450% fixed rate senior notes due May 2025, in each case under Credit Suisse’s Euro Medium Term Note (EMTN) Programme. The fixed rate senior notes constitute “green bonds”, with the net proceeds therefrom to be allocated to projects and assets in accordance with Credit Suisse’s green finance framework.

Homburger advised Credit Suisse with respect to all aspects of Swiss law. The Homburger team was led by partner René Bösch (Capital Markets) and included partners Benjamin Leisinger (Capital Markets) and Dieter Grünblatt (Tax), as well as counsel Lee Saladino (Capital Markets) and associate Olivier Baum (Capital Markets).