SGS successfully places EUR 1bn dual-tranche bonds

SGS, the world’s leading testing, inspection and certification company, successfully issued two tranches of EUR-bonds through its subsidiary SGS Nederland Holding B.V., which are guaranteed by SGS SA. Both tranches, each amounting to EUR 500 million, are expected to be listed and admitted to trading on SIX Swiss Exchange.

Niederer Kraft Frey acted as legal advisor to a broader banking syndicate as managers consisting of UBS AG London Branch, BNP PARIBAS, Citigroup Global Markets Europe AG, HSBC Continental Europe, Crédit Industriel et Commercial, J.P. Morgan SE and Société Générale.

The NKF team was led by of counsel Christoph Balsiger working with associate Reto Seiler (both Banking, Finance and Regulatory) as well as partner Markus E. Kronauer (Tax).