Heathrow, Citi and Geberit plug into scarcity value in Swissies
Swiss franc investors leapt headlong into the Brexit turbulence on Thursday morning, giving a solid reception to the first Swissie deal of the year from a UK corporate borrower.
Emboldened by the success of its €650m 15 year trade earlier this month, on Thursday Heathrow Funding (A-/A-) launched its first Swiss franc issue since a Sfr400m ($402m) eight year trade in January 2016.
Initial pricing thoughts for this week’s transaction, led by Credit Suisse and BNP ...Please take a trial or subscribe to access this content.
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