Homburger advised LafargeHolcim Helvetia Finance Ltd on the issuance of CHF 200 m Subordinated Fixed Rate Resettable Notes guaranteed by LafargeHolcim Ltd
On December 7, 2018, LafargeHolcim Helvetia Finance Ltd issued CHF 200 m Subordinated Fixed Rate Resettable Notes (the Notes), guaranteed on a subordinated basis by LafargeHolcim Ltd. While the Notes are governed by English law, the guarantee thereof is governed by Swiss law. The Notes are perpetual instruments without a scheduled maturity date, designed to qualify as equity capital from an accounting perspective and as equity credit for rating purposes. The Notes have been admitted to trading and will be listed on the SIX Swiss Exchange.
Homburger advised LafargeHolcim with respect to all Swiss law aspects of the transaction. The Homburger team was led by partner Daniel Daeniker (Corporate / M&A and Capital Markets) and included partner Stefan Oesterhelt (Tax), counsel Lee Saladino and associate Andreas Josuran (both Capital Markets).