‘Role model’ AMAG stars in quiet Swiss market

By GlobalCapital
17 Oct 2019

Switzerland’s largest private and commercial vehicle leasing company starred in an otherwise quiet market for Swiss franc issuance this week.

Led by Credit Suisse and UBS, AMAG’s Sfr200m ($202.3m) trade announced on Monday was the company’s sixth senior unsecured bond and extended its maturity curve out to 2025. The six year issue was priced at mid-swaps plus 103bp, or 124.6bp over governments, for a yield to ...

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