Capital Markets

Financial Market Regulation

Zurcher Kantonalbank_bw

Homburger News

Homburger and ZKB

On April 5, 2023, Zürcher Kantonalbank priced its inaugural CHF 425 m Bail-in Bond issuance. ZKB&#8217;s Bail-in Bonds are novel instruments which have been designed and issued on the basis of a new legal framework allowing Cantonal Banks to issue Total-Loss-Absorbing-Capacity (TLAC) Bonds. In the event that FINMA orders the partial or complete reduction of the bondholders&#8217; claims under the Bail-in Bonds the bondholders are entitled to receive a Recovery Certificate. Such Recovery Certificate includes claims, subject to multiple conditions precedent, for subsequent future compensation payments for the full or partial reduction of the bondholders&#8217; claims under the Bail-in Bonds.
Homburger advised ZKB in co-operation with the legal department of ZKB since 2017 on the legislative process leading the new basis for Cantonal Banks to issue TLAC Bonds, structured and documented the new Bail-in Bonds and advised on all regulatory, legal and tax aspects. The team was led by René Bösch (Capital Markets and Financial Market Regulation) and included Dieter Grünblatt (Tax), Benjamin Leisinger (Capital Markets and Financial Market Regulation), Alexander Wherlock (Financial Market Regulation), Sofiya Shavlak and Irene Strocka-Metzler (both Capital Markets).

Homburger advises Zürcher Kantonalbank on the issuance of its inaugural CHF 425 m Bail-in Bonds

Corporate / M&A

Raiffeisen

Homburger advised Raiffeisen Schweiz Genossenschaft on all legal, regulatory and tax aspects of the spin-off of its 6 branches into independent Raiffeisen banks.
The Homburger team was led by René Bösch (Financial Market Regulation) and included Benjamin Leisinger (Financial Market Regulation), Dieter Grünblatt (Tax), Andrea Widmer Grimm (Corporate), Peter Müller (Tax), Laura Müller and Manuel Baschung (both Financial Market Regulation) and Irene Strocka-Metzler.

Homburger advised Raiffeisen on the incorporation of 6 branches as new banks

Financing and Investment Products

Fountainvest_bw

On March 31, 2021, SPT Roth announced that a consortium of investors led by FountainVest Partners has agreed to invest in a majority stake in the SPT Group, a leader in micro miniature products manufacturing.
FountainVest Partners, a leading Asian private equity firm, is backed by top tier pension funds and institutional investors, primarily from North America and Europe.
FountainVest Partners was advised by Homburger in this transaction. The Homburger team was led by partner David Oser (Corporate / M&amp;A) and included partners Daniel Haeberli (Financing and Investment Products), Stefan Oesterhelt (Tax), lead associate Guy Deillon (Corporate / M&amp;A), associates Simone Gloor and Fabrice Eckert (both Financing and Investment Products), as well as paralegals Ganna Schneuwly and Irene Strocka-Metzler (both Financing and Investment Products) and junior associates Vincent Croisier, Géraldine Danuser and Joel Schmidt (all Corporate / M&amp;A).

Homburger advised a consortium of investors led by FountainVest Partners in connection with the acquisition of majority stake in the SPT Group

Irene
Strocka-Metzler

Homburger advises Zürcher Kantonalbank on the issuance of its inaugural CHF 425 m Bail-in Bonds

Homburger advised Raiffeisen on the incorporation of 6 branches as new banks

Homburger advised a consortium of investors led by FountainVest Partners in connection with the acquisition of majority stake in the SPT Group

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Irene Strocka-Metzler

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Homburger advises Zürcher Kantonalbank on the issuance of its inaugural CHF 425 m Bail-in Bonds

Homburger advised Raiffeisen on the incorporation of 6 branches as new banks

Homburger advised a consortium of investors led by FountainVest Partners in connection with the acquisition of majority stake in the SPT Group

Join the Team

Irene Strocka-Metzler

Career

Languages

Teams

Irene
Strocka-Metzler