Switzerland
-
Foreigners' love of Swiss francs presents an unlikely opening for overseas borrowers -
Meanwhile UBS prepares to appeal court's decision that writing down Credit Suisse AT1s was unlawful
-
Book gets 200 lines as cosmetic firm's investor base continues to broaden
-
Sale by three stakeholders could raise up to Sfr2.8bn
-
Domestic issuers return this week, with Pfandbriefzentrale scaling liquidity via covered bonds
-
Claims on Credit Suisse AT1 bonds shot up after a court ruling this week, though a long judicial process is anticipated
-
◆ Deal more than five times covered ◆ Spread attractive for rating ◆ Lands inside Nordic peers
-
Loan bankers say deals are being delayed and auto sector can expect restructurings
-
◆ Investors pledge strong demand for 'exotic' deal ◆ Slim premium paid ◆ UBS takes €1bn at five years
-
-
Internationally focussed borrowers could fare better under higher tariff regime
-
◆ Deal follows $3bn issue in February ◆ Swiss regulators may demand much more capital ◆ Similar structure to last deal
