Advestra advises Salt on its High-Yield Bond Offering and New Term Loan Facility
Advestra advised Salt Mobile S.A., a Swiss telecommunications provider, in connection with the successful offering of EUR 420 million aggregate principal amount of 4.500% senior secured notes due 2030 and EUR 430 million aggregate amount of a new term loan facility. The high-yield notes and the facility were issued by Matterhorn Telecom S.A., the parent company of Salt Mobile, and guaranteed by Salt Mobile and Matterhorn Telecom Holding S.A.
Salt Mobile is one of the three major national integrated telecommunications providers in Switzerland and the fastest growing fully converged Swiss telecommunications operator.
Advestra acted as Swiss legal counsel to Salt Mobile. The team included Sandro Fehlmann, Jan-Nicklas Bentz and Fabian Loretan (all Capital Markets and Finance) as well as Céline Martin (Tax).