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25 August 2020

BianchiSchwald advised the Swiss Confederation in connection with a CHF 1,500,000,000 credit facility to Swiss International Air Lines AG and Edelweiss Air AG

BianchiSchwald advised the Swiss Confederation as surety provider in connection with a CHF 1,500,000,000 credit facility to Swiss International Air Lines AG and Edelweiss Air AG with Credit Suisse (Switzerland) Ltd. and UBS Switzerland AG as mandated lead arrangers and coordinators and UBS Switzerland AG as agent and security agent. BianchiSchwald advised the Swiss Confederation with regard to all legal aspects of the transaction. The BianchiSchwald team was led by partner Thomas Schmid (Banking and Finance, Restructuring & Insolvency) and included partner Stefan Scherrer (Corporate and M&A), partner Thomas Goossens (Banking and Finance), associates Andreas Suter, Stipe Jozic, Norbert Schenk (all Corporate and M&A) and Stephanie Volz (Competition), as well as junior associate Samuel Streuli.