07.12.2021

Advestra advises Swiss Prime Site on comprehensive refinancing

Swiss Prime Site com­pleted a refin­an­cing with 11 Swiss bank­ing insti­tu­tions and two unse­cured cred­it facil­it­ies agree­ments with a total amount of CHF 2.6 bil­lion, par­tic­u­larly to redeem the vast major­ity of its bank mort­gages. The new fin­an­cing is also dir­ectly linked to Swiss Prime Site’s com­pre­hens­ive sus­tain­ab­il­ity object­ives. The cred­it mar­gin to be paid is depend­ent on both the LTV ratio and the devel­op­ment of the com­pany’s extern­al ISS ESG rating.

Advestra advised Swiss Prime Site on all aspects of the refin­an­cing. The team included Alex­an­der von Jein­sen, Mar­lon Ber­to­lini and Stefanie Ram­sper­ger (Fin­ance), Thomas Reut­ter (Cap­it­al Mar­kets) as well as Laurent Ried­weg and Markus Müh­le­mann (Tax).