CS takes tight LT2 amid Swiss FIG feast
Financial institutions raised Sfr1bn in the last week, with Credit Suisse, Deutsche Bank and ANZ National International tapping the Swiss franc market. Credit Suisse issued the first lower tier two bond from a financial institution in the currency since 2008 on Wednesday, ANZ joined the trail of Australasian issuers to visit the Swiss market on Tuesday and Deutsche Bank priced its largest ever deal in Swiss francs last Friday.
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