IFLR1000

Stadler Rail SIX IPO

29/3/2019
IPO
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Completed

29/3/2019

Overview:

  • Swiss train manufacturer Stadler Rail is set to launch its IPO on the SIX.
  • The offering consists of secondary shares of up to 35 million with an over-allotment option of up to over five million, all offered directly and indirectly by majority shareholder Peter Spuhler.
  • The price has been set at SFr33 to SFr41 per share.
  • The expected total market capitalisation is SFr 3.3 billion to SFr 4.1 billion.

Rajeeb Gurung - Researcher

Jurisdiction:

Switzerland

Deal type:

IPO

Practice area:

Capital markets : Equity

Governing law:

Switzerland

Industry sector:

Transport

Firms:
BianchiSchwald

Party: Peter Spuhler (Shareholder)

Lenz & Staehelin

Party: Credit Suisse (Joint global coordinator, Joint bookrunner)

Party: UBS (Joint global coordinator, Joint bookrunner)

Party: BNP Paribas (Joint bookrunner)

Party: Citigroup (Joint bookrunner)

Party: Zürcher Kantonalbank (Joint bookrunner)

Party: Unicredit (Co-Lead manager)

Niederer Kraft Frey

Party: Stadler Rail (Issuer)

Lawyer: Philippe Weber

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