Glencore opts for arb over size in Swiss francs

Silas Brown

September 20, 2018 07:45 pm

Glencore_HQ_2_PA_230x150 — In this April 14, 2011 file photo, the headquarters of Glencore are seen in Baar, Switzerland. Grain-handling company Viterra Inc. (TSX:VT) has agreed to be acquired by Switzerland-based Glencore International in a deal valued at $6.1 billion. (AP Photo/Urs Flueeler, The Canadian Press) | Urs Flueeler/The Canadian Press/PA Images

Glencore financial entered the Swiss franc bond market on Thursday, raising Sfr175m with a six year bond. The deal was smaller than previous issues in the currency from the Anglo-Swiss commodities company, but was inside dollar funding levels.

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Topics

Corp Bonds - Swiss franc Deutsche Bank Credit Suisse UBS Corporate Bonds Swiss Francs

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Silas Brown