Baker McKenzie advised Zug Estates Holding AG on the successful placement of an additional CHF 100 million green bond in the Swiss market. The Zug Estates Group designs, develops, markets and manages properties in the Zug region.
The fixed-interest bond carries a coupon of 1.25% and a maturity of seven years. The proceeds will be used to refinance sustainable projects in accordance with Zug Estates’ Green Finance Framework. Application will be made for admission to trading of the bonds on SIX Swiss Exchange.
Baker McKenzie’s Matthias Courvoisier, Yves Mauchle and Samuel Marbacher advised Zug Estates on the transaction.