RSBG SE successfully places 5,500,000 in shares of Stadler Rail AG
On 26 May 2020, RSBG SE, the industrial investment company of RAG-Stiftung, successfully placed 5,500,000 shares of Stadler Rail by way of an accelerated bookbuilding process, representing approximately 5.5 per cent. of the total number of Stadler Rail shares outstanding. The shares were placed at CHF 38.10 per share, resulting in gross proceeds of approximately CHF 210 million. Following the placement, RSBG SE continues to hold approximately 4.5 per cent. of the shares in Stadler Rail. Stadler Rail shares are traded on SIX Swiss Exchange. Credit Suisse and UBS acted as joint bookrunners in connection with the offering.
The NKF team advised RSBG SE and its General Counsel Dr. Jan Gudlick in the placement. The NKF team was led by partners Philippe Weber and Thomas Brönnimann, working with counsel Christina Del Vecchio (all Capital Markets) and partner Andreas Casutt (Corporate).