Deals & Cases

Homburger advises Santhera on its up to CHF 20 m financing with Highbridge Capital Management, LLC

On July 14, 2020, Santhera Pharmaceuticals Holding AG (SIX: SANN) announced the closing of the first tranche of its financing arrangement with a fund managed by Highbridge Capital Management, LLC. The financing makes available up to CHF 20 m in near-term liquidity to Santhera through the issuance of senior secured notes exchangeable into shares of Santhera.

Homburger acted as legal and tax counsel to Santhera. The team was led by partners Dieter Gericke (Corporate / M&A) and Jürg Frick (Financing and Investment Products) and comprised Stefan Oesterhelt (Tax), counsel Eduard de Zordi (Financing and Investment Products), associates Daniel Häusermann (Corporate / M&A), David Borer, Alessandra Mengotti and Pierina Janett-Seiler (all Financing and Investment Products), junior associates Marisa Di Francesco (Financing and Investment Products) and Oliver Kneubühl (Corporate / M&A).