Swiss Prime Site Completes Rights Offering
On 1 June 2015, Swiss Prime Site, one of the leading real investment companies in Switzerland, completed a capital increase by way of a rights offering to its shareholders in the amount of approximately CHF 424 million. 98.8% of the shareholders of Swiss Prime Site exercised their subscription rights in the rights offering. The remaining new shares not subscribed were placed in the market. UBS acted as Sole Global Coordinator, Credit Suisse, Bank Vontobel and Zürcher Kantonalbank acted as Joint Bookrunners.
Bär & Karrer acted as legal adviser to Swiss Prime Site in this transaction. The team included Thomas U. Reutter, Till Spillmann, Daniel Raun, Annette Weber and Anna Capaul (all Capital Markets) as well as Corrado Rampini (Real Estate).