Pestalozzi advises the initial purchasers led by Credit Suisse and including Goldman Sachs and Société Générale in connection with a EUR 400 million notes offering by Salt
Salt Group, one of the leading mobile operators in Switzerland, issued EUR 400 million aggregate principal amount of 4.00% Senior Secured Notes due 2027. The proceeds from the offering, together with cash on balance sheet, were used to redeem part of the Floating Rate Senior Secured Notes due 2023 issued by the Salt Group. Pestalozzi advised the initial purchasers, led by Credit Suisse and including Goldman Sachs and Société Générale, as to Swiss law.