Verizon crowned Matterhorn as opportunism returns to Swiss market

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Verizon crowned Matterhorn as opportunism returns to Swiss market

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The Swiss franc bond market saw its first Matterhorn –– a foreign deal of Sfr1bn ($1.02bn) or more — of the year on Wednesday, and the first from a BBB issuer, as Verizon Communication raised Sfr1bn with its debut. It was a sign that Switzerland has once again become an attractive destination for international borrowers, writes Silas Brown.

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