Advestra advises UBS, Bank of America, Zürcher Kantonalbank and the other members of the banking syndicate on DocMorris' rights offering
DocMorris has successfully completed a capital increase with gross proceeds of approximately CHF 208 million. The transaction consisted of a rights offering and a placement of shares for which subscription rights were not exercised. The proceeds are intended to finance the growth of the Rx business (prescription medicines) and the potential repayment of an outstanding convertible bond in 2026. UBS and Bank of America acted as Joint Global Coordinators and Joint Bookrunners, Zürcher Kantonalbank acted as Joint Bookrunner and ING Bank acted as Co-Lead Manager with Octavian as Selling Agent.
Advestra acted as legal counsel to the banking syndicate. The team consisted of Annette Weber, Thomas Reutter, Silvan Biedermann, Valérie Bayard, Sven Pinter and Jana Wildberger (all Capital Markets) as well as Céline Martin (Tax).