Pestalozzi advises lenders in connection with the CHF 280 million public tender offer for LifeWatch by BioTelemetry
Pestalozzi advised SunTrust Banks, Inc. and KeyBanc Capital Markets, Inc. on all Swiss banking, takeover, capital markets and other Swiss law aspects in connection with the debt financing for the CHF280 million public tender offer made by BioTelemetry, Inc. for all publicly-held shares of LifeWatch AG, a SIX Swiss Exchange listed company. The public tender offer was funded by a combination of cash, BioTelemetry common stock and a USD205 million Term A Loan.