Credit Suisse, Co-op to issue covered bonds
Credit Suisse appears set to become the first Swiss bank to issue a standalone covered bond, EuroWeek’s sister publication, The Cover, has learnt. It will be the first Swiss covered bond to be structured without using the country’s legislative framework.
In the UK, Standard Life made its debut, while the Co-operative Bank is preparing a structure. Sparebanken Vest will swell the cast of potential Norwegian issuers.
An entity called Swiss Covered Bond Co has been established in Zurich and registered with the Federal Commercial Registry Office. Its postal address
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