MetLife revisits Swiss market with seven year

03 Jun 2013

MetLife returned to the Swiss franc market on Tuesday morning, opening books on its first deal in the currency in almost seven years.

Credit Suisse and UBS are offering guidance on the Sfr100m ($104.8m) minimum June 2020 paper at 35bp over mid-swaps. The deal is expected to price on Tuesday afternoon.

The issuer has one other bond outstanding in Swiss francs, a Sfr200m 3.125% June 2016 bond sold through UBS in May ...

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