30 June 2014 I Deals and Cases

Von Roll Holding AG Successfully Closes the Placement of CHF 61 Million 1.25% Senior Convertible Bonds

Von Roll Holding AG successfully completed the placement of CHF 61 million 1.25% senior unsecured convertible bonds due 2020. The bonds were issued at 100% of their principal amount and, unless previously redeemed, converted or repurchased and cancelled, will mature on 18 June 2020 at 100% of their principal amount. The allocation of the bonds included a claw-back by existing shareholders who were granted the right to exercise their advance subscription rights.

Bär & Karrer acted as legal transaction counsel to Von Roll Holding AG and Privatbank IHAG Zürich AG on the issuance and placement of the bonds. The team included Thomas U. Reutter, Till Spillmann, Annette Weber and Rebecca Schori as well as Raoul Stocker and Michael Abegg (Tax).