Raiffeisen prints Swissie bail-in bond

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By Frank Jackman
22 Oct 2020

Raiffeisen Schweiz brought a rare Swiss bail-inable bond to the market on Thursday, issuing Sfr325m ($358.3m) across two tranches to help replenish its capital structure.

“This is the first of its kind in pure Swiss francs from a system relevant Swiss bank,” said a banker at one of the leads. “Other domestic banks like Credit Suisse and UBS have issued bail-in debt under their international frameworks, but not in Swiss francs, ...

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