Bär & Karrer Advised Tecan on the First Issuance of CHF 250 Million Bonds
Tecan Group Ltd. (SIX Swiss Exchange: TECN) successfully issued CHF 250 million 0.50% bonds due 2025 to partially refinance the acquisition of Paramit Corporation. The bonds will be listed and traded on the SIX Swiss Exchange. The settlement will be on 6 October 2021. Credit Suisse and Zürcher Kantonalbank act as joint lead managers.
Bär & Karrer acted as legal advisor to Tecan. The team included Ralph Malacrida, Lukas Roesler, Clarissa Marxer, Nico Hunziker (all Capital Markets and Corporate) as well as Susanne Schreiber and Elena Kumashova (both Tax).