Baker McKenzie Advises Lenders on USD 800 Million Bridge Financing for Galderma’s Acquisition of ZO Skin Health

Baker McKenzie advised Banco Santander and J.P. Morgan in connection with a USD 800 million bridge facility agreement for Galderma Holding SA for the financing of Galderma’s acquisition of ZO Skin Health from private equity investor Blackstone. The facility was arranged and underwritten by Banco Santander and J.P. Morgan.

Galderma is a leading dermatology company listed on the SIX Swiss Exchange and operating in approximately 90 countries.

Baker McKenzie advised the lenders on all Swiss legal and tax aspects of this transaction. The Baker McKenzie team was led by Banking & Finance Partner Markus Wolf and included Felix Maier (associate, Banking & Finance, Zurich) and Andrea Bolliger (counsel, Tax, Zurich).