Strong start for Raiffeisen in Swiss
Raiffeisen self-led a domestic two tranche issue on Tuesday, an eight year Sfr250m and a 15 year Sfr150m deal, the latter being the longest ever bond for the Swiss bank after the 13 year issue last September.
Raiffeisen decided to issue in order to refinance an outstanding maturity that falls due on February 2.
The borrower was also taking the opportunity to be one of the first to issue in the New Year. Given the usual large supply at the beginning of the year, we
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