Lonza lifts mood as Swissie sector reopens
Life sciences company Lonza may have signalled a new rush of corporates in Swiss francs after getting a Sfr400m six year bond away inside guidance this week despite doubling its size during bookbuilding. "After this transaction, other corporates might be interested," said a syndicate banker at one of the bookrunners. "There is definitely room for more corporate paper with a nice yield."
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