Advestra advised the banking syndicate on the placement of EUR 1.5bn bonds of Roche

Roche suc­cess­fully placed two tranches of guar­an­teed bonds in the aggreg­ate amount of EUR 1.5 bn. The bonds were issued by Roche Fin­ance Europe B.V. and guar­an­teed by Roche Hold­ing AG. The first tranche was issued in the aggreg­ate prin­cip­al amount of EUR 900,000,000, has a coupon of 3.586% and is due in 2036. The aggreg­ate prin­cip­al amount of the second tranche amounts to EUR 600,000,000 and the tranche has a coupon of 3.312% with a matur­ity date in 2027.

Advestra acted as Swiss leg­al coun­sel to the man­agers. The team included Annette Weber, Valérie Bayard and Mil­an Schéda (all Cap­it­al Mar­kets) as well as Céline Mar­tin (Tax).