Double-A SSAs busy in Swissies

By Frank Jackman
04 Jun 2020

A trio of double-A rated SSA names from South Korea, Central America and France tapped the Swiss franc market this week, raising a combined Sfr550m ($575.8m) and paving the way for other similar issuers to follow.

Korea Land and Housing Corp printed an affordable housing bond on Wednesday. The Aa2/AA/AA- rated agency raised Sfr200m ($209.4m) with a 0.1925% June 2025 deal through UBS.

“Compared to other Korean government related entities in the Swiss market, this priced about 10bp through the bid side of the ...

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