February/March 2019
Main
International Correspondents
Features
Tax Relief
Special Features
News Analysis
Editorial
Sponsored
Sponsored
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Sponsored by Prager DreifussPrager Dreifuss counsel Michael Mosimann, who advises startups on public offerings, reviews how Switzerland’s legislative framework supports blockchain -
Sponsored by PwCCompanies are facing legal and operational challenges when it comes to the global move away from interbank offered rates
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Sponsored by Bär & KarrerFor companies in financial distress, strengthening the equity base is typically one of the key pillars of a successful turnaround, as lowering the leverage ratio and improving the rating can help to reduce debt financing costs substantially. On top of this, certain (potential) business partners may refuse to engage in or discontinue business dealings with the distressed company if they have doubts about its creditworthiness which can further deteriorate the company's situation. This article sets out a non-exhaustive list of possible routes for a Swiss company (issuer) listed on the SIX Swiss Exchange (SIX) to conduct an equity raise in such a situation which requires, in particular, that the following two requirements can be achieved:
