Credit Suisse brings rare FRN in dual tranche trade

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Credit Suisse brings rare FRN in dual tranche trade

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In this photo illustration a Credit Suisse logo seen displayed on a smartphone. (Photo by Mateusz Slodkowski / SOPA Images/Sipa USA) | SOPA Images/SIPA USA/PA Images

Credit Suisse gave investors a rare chance to pick up both fixed and floating rate senior bonds on Monday. The dual tranche deal was met with healthy demand, despite progressing more slowly than expected.

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