Short demand filled by Swiss Pfandbriefbank

06 Nov 2009

Pfandbriefbank schweizerischer Hypothekarinstitute raised Sfr825m (Eu564m) in the Swiss franc market on Monday through a three tranche issue.

The deal comes four weeks after the institution’s last three tranche, which raised Sfr980m in early October.

The new issue, led by Credit Suisse, comprised a Sfr305m tap of the issuer’s February 2022 deal, a new Sfr240m three year, and a Sfr280m six and a half year.

"The issuer had ...

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