25.01.2024

Advestra advises Barry Callebaut on the placement of CHF 600 million inaugural bonds

Barry Callebaut tapped the Swiss markets for the first time successfully issuing two tranches of CHF bonds in the total aggregate amount of CHF 600 million. The first tranche amounts to CHF 225 million. with a coupon of 1.95% and will be due in 2028. The aggregate principal amount of the second tranche is CHF 375 million, has a coupon of 2.3% and will mature in 2032. UBS AG, BNP Paribas (Suisse) SA and Zürcher Kantonalbank acted as Joint Lead Managers in this transaction.

Advestra acted as legal counsel to Barry Callebaut. The team included Annette Weber, Thomas Reutter and Milan Schéda (all Capital Markets).