CS brings ‘generous’ Swissie BCN at 7%-7.25%

07 Mar 2012

Credit Suisse launched its self-led 10 non-call five year tier two buffer capital note on Wednesday morning to much interest in the Swiss franc market, with rival bankers saying they expect the deal to go well.

Initial price guidance is 7%-7.25% and the deal will take a minimum size of Sfr250m. The bank expects to price the trade on Thursday.

Pricing is in line with Credit Suisse’s original plans and through the $2bn 7.875% 30 non-call five buffer capital note it issued in February last ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

Oops, something went wrong

We're sorry but at the moment we can't load this data