Swiss Life Ltd has suc­cess­fully placed a CHF450m un­dated sub­or­di­nated bond, first callable in Sep­tem­ber 2021 (coupon until first call date: 3.75%) and a CHF150m dated sub­or­di­nated bond with final ma­tu­rity in 2046, first callable in Sep­tem­ber 2026 (coupon until first call date: 4.375%).

Walder Wyss acts as legal coun­sel to Swiss Life on this trans­ac­tion. The Walder Wyss team in­cludes Markus Pfen­ninger (Bank­ing Fi­nance, Lead Part­ner), Mau­rus Win­zap (Tax, Part­ner), Alexan­der Niki­tine (Cap­i­tal Mar­kets, Part­ner), Ra­mona Wyss (Bank­ing Fi­nance, As­so­ci­ate) and Se­bas­t­ian Müller (Bank­ing Fi­nance, Trainee).