Advestra advises Swiss Prime Site on the placement of EUR 500 million guaranteed loan notes

Swiss Prime Site issued through Swiss Prime Site Finance AG loan notes in the aggregate amount of CHF 500 million, which are guaranteed by Swiss Prime Site AG, to ELM B.V., a repackaging vehicle. ELM in turn issued straight notes, which were placed with investors. The use of the repackaging vehicle allows Swiss Prime Site to diversify its funding strategy at attractive terms.

Advestra acted as legal counsel to Swiss Prime Site. The team included Annette Weber, Mariëlle van Nimwegen, Valérie Bayard and Jana Wildberger (all Capital Markets) as well as Céline Martin (Tax).