Comet caters to high net worth investors

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By Frank Jackman
31 Mar 2021

Swiss technology firm Comet served up a niche sub-investment grade bond to high net worth investors this week, issuing a 1.3% Sfr60m ($64m) five year.

The firm makes radio frequency and X-ray equipment for use in the semiconductor industry.

After Hirslanden’s Sfr145m ($154m) deal in early February, this is the second sub-investment grade bond from a domestic Swiss issuer and the first in a sub-benchmark size this year.

Comet, like Hirslanden, is ...

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