Milbank LLP has advised Goldman Sachs Bank Europe SE, Jefferies and Zürcher Kantonalbank as Joint Global Coordinators on the capital increase of Meyer Burger Technology AG ("Meyer Burger") raising gross proceeds of approximately CHF 250 million. The transaction consisted of an offering of subscription rights and the subsequent placement of shares for which rights were not exercised.
The proceeds from the offering shall be used in particular for the expansion of Meyer Burger’s production of solar cells and solar modules in Germay and the US.
The Milbank team that advised the Joint Global Coordinators on the international capital market aspects of the transaction, was led by partners David Dixter (London) and Philipp Klöckner (Frankfurt) and included special counsel Nico Feuerstein (Munich) as well as associates Eugenia Repetto (London) and Mira Zimmermann (Frankfurt, all Capital Markets).
