Swiss Prime Site AG has successfully placed CHF 250 Million 0.25% convertible bonds due 2023. The bonds were issued at 100% of their principal amount and will mature on 16 June 2023 at 100% of their principal amount unless previously redeemed, converted or repurchased and cancelled. Credit Suisse AG and J.P. Morgan Securities plc acted as Joint Bookrunners in this transaction.

Bär & Karrer acted as transaction counsel to Swiss Prime Site AG and the Joint Bookrunners. The team included Thomas U. Reutter, Michael Trippel, Roland Truffer, Daniel Heiniger, Annette Weber and Michael Schneitter (all Capital Markets), Susanne Schreiber and Andreas Steffen (both Tax) as well as Corrado Rampini (Real Estate).