Rare issuers jump back into Swissies

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By Frank Jackman
08 Apr 2020

Infrequent issuers are slowly returning to the Swiss franc market. During the past week, Eurofima brought its first Swissies deal in six years, while biotech firm Lonza printed its first bond in any currency since 2017.

Supranational train rolling stock financier Eurofima returned to the Swissie market  on Wednesday to print a Sfr200m ($206m) 0.125% seven year bond. Joint leads UBS and ZKB set the spread at mid-swaps plus 40bp, pricing the note at 100.489.

“After six years away from the market, Eurofima ...

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