Pfandbriefzentrale takes Sfr739m from quiet Swiss market
![Winegrowing village Epesses at Lake Geneva in the UNESCO-listed Lavaux vineyard region, Vaud, Switzerland](https://assets.euromoneydigital.com/dims4/default/6af8e03/2147483647/strip/true/crop/4928x3280+0+0/resize/840x559!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F27%2Fdb%2F29a06c174c319e86713b4623622b%2Fwrbfw7.jpg)
Deal came flat to recent Pfandbriefe and offered a negative concession
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