Swisscom raises Sfr100m via bank-free platform

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By Frank Jackman
10 Sep 2020

Swisscom raised Sfr100m ($110m) on Thursday with an 11 year bond sold without the involvement of an intermediary bank. The company worked with Swiss fintech company Valyo to issue the bond through its platform that directly connects issuers and investors.

“The bond market process has remained unchanged for decades,” said Andres Gasser, head of sales and account management at Valyo.

Through Valyo’s platform, issuers can carry out the entire bond issuance process without having to involve an intermediary bank. Like a traditional bond issue, the issuer still posts ...

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