Swiss incumbent Swisscom has priced a CHF500m (US$523.3m) 12-year bond.
The bond carries a coupon of 1.75%, priced at 100.832 and matures on 10 July 2024, a company spokesperson confirmed.
The proceeds will be used for general corporate purposes….
Swiss incumbent Swisscom has priced a CHF500m (US$523.3m) 12-year bond.
The bond carries a coupon of 1.75%, priced at 100.832 and matures on 10 July 2024, a company spokesperson confirmed.
The proceeds will be used for general corporate purposes.
The lead managers for the issue, listed on the Zurich-based SIX Swiss Exchange and governed by Swiss law, are Credit Suisse, Deutsche Bank and Zurcher Kantonalbank.
Moody’s has rated the issue A2.
