No property glut yet as Swiss Prime Site sells Sfr165m CB

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No property glut yet as Swiss Prime Site sells Sfr165m CB

The equity-linked bond market sprung back to life this week after a two week hiatus, with a Sfr165.5m ($198.5m) issue for Swiss real estate group Swiss Prime Site and a $200m pre-IPO convertible for Turkish healthcare infrastructure company Bio City Development (see separate story).

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