Ticino the only Swissie issuer, Kores on way

By GlobalCapital
16 Oct 2014

Swiss franc supply was limited to one deal from Canton of Ticino this week as global concerns weighed on the market but a roadshow by Korea Resources Corporation (KoRes) raised the prospect of higher beta supply once spreads stabilise.

Mining group KoRes began meeting investors on Monday, in company with BNP Paribas and UBS, with a view to pricing an inaugural Swiss franc bond. The deal would be issued by subsidiary Minera y Metalúrgica del Boleo (MMB) and guaranteed by A1/A+ rated KoRes, which is owned by ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial