Lenz & Staehelin advised Credit Suisse on funding transaction
On October 16, 2008, Credit Suisse announced that it has raised a total of approximately CHF 10 billion by the sale of Credit Suisse Group treasury shares, by issuing new Credit Suisse Group shares through mandatory convertible bonds and by issuing hybrid tier 1 capital.
Lenz & Staehelin acted as Swiss counsel to Credit Suisse in connection with certain aspects of the treasury shares transaction. The lawyers team included Rudolf Tschäni and Marcel Tranchet.