NKF advises Credit Suisse and Vontobel in connection with Evolva Holding SA’s rights offering

Niederer Kraft Frey advised Credit Suisse AG, as Lead Manager and Sole Bookrunner, and Bank Vontobel AG, as Co-Bookrunner, in connection with Evolva Holding SA’s rights offering that launched on 30 October 2017. Existing shareholders were offered 296,376,535 new shares with a nominal value of CHF 0.20 each at a subscription price of CHF 0.22 per new registered share. The offering generated gross proceeds of approximately CHF 65 million. The offering closed on 13 November 2017.

Headquartered in Zurich, Switzerland, Credit Suisse AG is one of the world’s leading financial services providers. Vontobel AG a globally operating financial expert with its headquarters in Zurich, Switzerland. It specializes in asset management for private and institutional investors as well as investment banking.

Evolva is an international biopharmaceutical group of companies. The Group is active in the development, production and sale of fermentation-based ingredients for health and wellness products, food, household products, and pharmaceuticals and agriculture.

The NKF team was led by partners Philippe Weber and Thomas M. Brönnimann and further comprised senior associate Christina Del Vecchio, associate Deirdre Ní Annracháin and junior associate Corinne Russi (all Capital Markets).