Helvetia hits home with capital deal
Helvetia Insurance will launch a Swiss franc hybrid capital deal today –– the first from a rated Swiss domestic company and the first from any financial since Rabobank in July 2009. Coming hard on the heels of bakery conglomerate Aryzta’s hybrid, priced at the end of September, this could be a sign that the Swiss investor base is waking up to the asset class. Read EuroWeek on Friday to find out why the deal can come now.
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