Medartis successfully places CHF 115.8m convertible bonds maturing 2031

Niederer Kraft Frey advised Bank of America and Zürcher Kantonalbank as joint bookrunners on the placement by Medartis of senior unsecured guaranteed convertible bonds due 2031 for an amount of CHF 115.8 million, convertible into newly issued and/or existing registered shares of Medartis Holding AG.

Medartis is a specialised orthopaedic company for head and extremity surgery and is listed on SIX Swiss Exchange.

The NKF team was led by Capital Markets partners Philippe Weber and Deirdre Ní Annracháin, working with associate Thiago Freixo Claro (Capital Markets), as well as partners Bertrand Schott and Philipp Candreia (both Capital Markets/Regulatory).