Successful capital restructuring of Meyer Burger
Meyer Burger successfully restructured its capital structure
Meyer Burger Technology AG ("Meyer Burger") is a leading and global technology company specialising in innovative systems and processes based on semiconductor technologies. The company's focus is mainly on photovoltaics (solar industry). Over the past ten years, Meyer Burger has become a leading player in the photovoltaic market and established itself as an international premium brand by offering superior precision products and innovative technologies.
Meyer Burger is present in Europe, Asia and North America in the respective key markets. The company also owns subsidiaries and service centers worldwide. Meyer Burger is listed on the SIX Swiss Exchange.
The company creates a clear added value for its customers and differentiates itself from its competitors through the focus on the entire value chain in the production of solar manufacturing equipment and systems.
Meyer Burger has strengthened its capital structure through a change in the terms of the outstanding convertible bond, a capital increase for the refinancing of the straight bond reaching maturity and an adjustment of the existing syndicated loan contracts. The new capital structure provides the basis for future profitability and growth.
Gut Corporate Finance AG acted as financial advisor to Meyer Burger in this transaction. The mandate included the identification and evaluation of options, carrying out valuation considerations, analysis of refinancing structures and the support of the client in the overall project management as well as in the negotiations with the refinancing banks.