Danske moves into Swissies to continue tier two issuance

By Nathan Collins
02 Dec 2013

Danske Bank is expected to price Swiss franc denominated tier two debt on Monday afternoon, following the sale of a tier two euro bond in September and a Nordic currency trade last week.

The issuer sold tier two bonds across all three Scandinavian currencies on November 26 and sold a similar instrument in euros in September. Monday's deal was announced in response to reverse enquiries following the euro trade.

Credit Suisse and UBS are offering guidance on the minimum Sfr125m ...

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