Sulzer lands second batch of Swiss bonds in a matter of months

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By Silas Brown
27 Sep 2018

Sulzer sold Sfr460m ($470.6m) of Swiss franc bonds on Thursday, just months after the Swiss maker of industrial machinery raised Sfr400m across two and five years. This makes it the largest triple-B issuer of Swiss franc bonds so far this year.

Leads Credit Suisse, Raiffeisen Schweiz and Zürcher Kantonalbank circulated price thoughts of mid-swaps plus 95bp-105bp for a three year and mid-swaps plus 135bp-145bp for a six year.

Sulzer had been active in the Swiss franc market already this year. In June it issued Sfr110m July 2020 bonds and ...

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