Allreal tempts Swiss buyers with spreads

house right size
By Silas Brown
23 Nov 2017

Swiss property investor Allreal Holding sold an eight and a half year bond to investors drawn in by the spread.

Credit Suisse, Raiffeisen Schweiz, UBS and ZKB priced the Sfr150m ($153m) 0.75% June 2026 deal at 60bp over mid-swaps, to yield 0.714%.

The deal was priced in line with guidance, and in line with the real estate company’s existing Swiss franc curve, one banker on the ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.