Bär & Karrer advised BofA Securities, Inc. and the Joint Book‑Running Managers on a successful placement of USD 1.7 billion notes issued by the Viking Cruises Group. The joint book‑running managers included J.P. Morgan Securities LLC, Wells Fargo Securities, LLC, HSBC Securities (USA) Inc., Morgan Stanley & Co. LLC and UBS Securities LLC. Viking is one of the leading providers of destination‑focused travel experiences, and the largest operator of river cruises in Europe and China for North American passengers. The firm advised on all Swiss law aspects of the transaction.