Lee Saladino

Lee Saladino is counsel in Homburger's Capital Markets and Financing and Investment Products teams. She specializes in capital markets transactions, with a focus on cross-border securities offerings. A significant component of her practice involves advising Swiss banks in connection with the structuring and documentation of their regulatory capital instruments.
 
Prior to joining Homburger, she was an associate at Cravath, Swaine & Moore LLP (New York).

• Advised UBS Group AG on the structuring and documentation of its inaugural AT1 capital notes with an equity conversion feature (November 2023), which constituted UBS Group AG's first ever issuance of regulatory capital instruments with an equity conversion feature and its first issuance of AT1 capital instruments since its acquisition of the Credit Suisse group in March 2023, as well as on the structuring and documentation of all its subsequently issued AT1 capital notes with an equity conversion feature (from 2023 to present) and all its previously issued AT1 write-down instruments (from 2015 to present);
  
  
• Advised UBS Group AG on the structuring and documentation of all its bail-in (TLAC) bonds (2015 to present);
  
  
• Advised UBS AG on the establishment of a 3(a)(2) issuance program for the issuance of senior medium-term notes by UBS AG, acting through its Stamford branch, in August 2024, as well as its USD 1.25 billion inaugural issuance thereunder in January 2025;
  
  
• Advised UBS AG on the assumption by UBS AG of Credit Suisse AG's debt in connection with Credit Suisse AG's merger with UBS AG in May 2024;
  
  
• Advised UBS AG on its USD 3 billion inaugural SEC-registered offering of benchmark bonds in September 2023;
  
  
• Advised former Credit Suisse Group AG on the transfer of USD 54 bn bail-in bonds to UBS Group AG in connection with the merger of Credit Suisse Group AG with UBS Group AG in March 2023;
  
  
• Advised the former Credit Suisse Group AG on the structuring and documentation of all its AT1 write-down instruments and bail-in (TLAC) bonds, as well as in connection with its other treasury capital markets activity, such as the share capital increases of CHF 4 billion (2022) and the issuance of two series of mandatory convertible notes (2021);
  
  
• Advised Nestlé in its 144A/Reg S senior notes offerings, including its USD 2.5 billion senior notes offering in 2024, its USD 1.5 billion senior notes offering in September 2023 and its USD 3 billion senior notes offering in March 2023.
  
  
• Advised Roche in its 144A/Reg S senior notes offerings, including its USD 2.5 billion senior note offering in September 2024, its USD 3.875 billion senior note offering in March 2024 and its USD 5.5 billion senior note offering in 2023.
  
  
• Supported the National Working Group for Reference Rates in Swiss Francs in the development of preferred interest rate provisions for SARON floating rate notes, including sample fallback language (2019).

• Banking

• Capital markets: Debt
• Capital markets: Equity
• Financial services regulatory

• Banking

• Financial services
• Food and beverage
• Pharma and life sciences

• New York Bar admission (2005)
• J.D., University of Chicago Law School (2004)
• B.A., Columbia College, Columbia University (1997)