MSC cruises through records with unrated Swissie
MSC Cruises, the European cruise company, raised Sfr335m ($343.34m) in the Swiss bond market on Thursday, a record size for an unrated issuer which left the market wondering if a new type of borrower has found a Swiss home.
“MSC Cruises could never have found funds in the Swiss market three years ago,” said one Swiss banker familiar with the deal.MSC, the largest European cruise company by
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