01/14/2026 | Press release | Distributed by Public on 01/14/2026 04:42
Baker McKenzie advised PLAZZA AG ("PLAZZA") on its successful placement of a fixed-rate bond of CHF 100 million, with a coupon of 1.25%, a maturity of 5.2 years and due on 31 March 2031. The proceeds are intended to be used to refinance bank loans and to finance development and renovation projects.
UBS, Zürcher Kantonalbank and Luzerner Kantonalbank coordinated the placement as Joint-Lead Managers. An application for listing of the bond on SIX Swiss Exchange will be submitted, and the issuance is expected to be settled on 30 January 2026.
Baker McKenzie advised PLAZZA on all legal matters related to this placement. The team consisted of Matthias Courvoisier, Yves Mauchle and Victoria Brammer.
About PLAZZA
PLAZZA develops and manages its own real estate projects throughout Switzerland, with a strong focus on residential and commercial properties in Zurich and Lausanne. It also oversees development projects and leasehold properties in these metropolitan regions. The shares in PLAZZA (PLAN) have been listed on SIX Swiss Exchange since June 2015.