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).