Galenica Santé SIX Swiss Exchange IPO

Overview:

• Swiss healthcare provider Galenica Santé has completed its SFr1.9 billion IPO on the SIX Swiss Exchange.
• Including the over-allotment, the company placed 48.75 million shares priced at SFr39 per share.
• The listing constitutes 97.5% of the total share capital of the company, with the remaining 2.5% reserved for the exchange of Galenica Group shares into Galenica Santé shares for eligible employees of the company.
• Citigroup, Credit Suisse and UBS acted as joint global coordinators and joint bookrunners for the issue, with Deutsche Bank also serving as a joint bookrunner.
• Baader Bank, Bank am Bellevue, Bank Vontobel and Zürcher Kantonalbank acted as co-lead managers.
• Centerview Partners acted as the independent financial adviser to Galenica.

Jon Moore - Journalist