Corp Bonds - Swiss franc

Swiss franc bond market players are conflicted about the substantial slide in the Swiss franc, which has lost about 3.5% of its value against both the euro and dollar in the past two months.

Transurban Queensland Finance returned to the Swiss franc bond market on Wednesday with the Australian toll road developer’s deal a reassuring moment amid a period of scant issuance as investors fret about interest rates.

South Korea’s GS Caltex Corp sealed a Swiss franc denominated bond on Thursday, diversifying away from its usual Korean won and US dollar funding.

A director of UBS' Swiss franc syndicate is leaving the desk and the financial sector on Monday, to pursue a career at a technology start up.

Gazprom made its sixth appearance in the Swiss franc bond market on Wednesday, but for only the first time as an investment grade credit after S&P upgraded its rating. Institutional investors, which only buy bonds that are eligible for the Swiss Bond Index, piled into the transaction, pushing pricing down and the size up.

Grand City Properties, the German residential property firm, printed eight and a half year Swiss franc bonds on Wednesday, and also sold a new nine year in euros on Monday alongside a tender for some outstanding bonds and convertibles.

Grand City Properties, the German residential property firm, printed eight and a half year bonds on Wednesday, in the second foreign real estate deal in Swissies since 2013.

AMAG Leasing, the Swiss vehicle lessor, priced two new Swiss franc bonds this week. A Sfr150m (€129m) five year transaction on Monday was followed by a Sfr100m two year on Friday.

Crédito Real, a Mexican consumer finance company, is set to debut in the Swiss franc bond market in the coming weeks.

German property firm Aroundtown became the first issuer from its sector to raise Swiss franc debt not driven by reverse enquiry.

PSP Swiss Property, rated A- by Fitch, tapped its April 2026 Swiss franc bond last Friday, opening the market for corporate issuance in 2018. The deal doubled the bond's size to Sfr200m ($204.93m).

Swiss property investor Allreal Holding sold an eight and a half year bond to investors drawn in by the spread.