UniCredit’s 10 year shows the resilience of Swissies

UniCredit breezed back into the Swiss franc market this week after a four year absence, pricing a deal that shone a light on the sector’s ability to host transactions that would be unthinkable elsewhere. The Italian bank priced a 10 year senior unsecured bond in what was a litmus test for the risk appetite of Swiss buyers, writes Stefania Palma.