Switzerland
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◆ Deal marketed at a price to sell ◆ Structure suggests UBS is optimising funding volume ◆ Reluctance to buy Swiss AT1s remains but fixed income markets are recovering
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Higher rates are powering an equilibrium in the AT1 market that may tempt even the most unlikely of issuers to come to the market
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Confectionery company returns after disappointing Swiss franc deal
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Richard Bärlocher will take over the management of Swiss bond issuers from next year
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Novartis spin off looks to build on jubilant reception it had last month in Swissies
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Foods group has refreshed two revolving credit facilities just a year after signing
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Local market deal will help the bank's domestic entity to fund cheaply and independently
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Asset managers avoid new issue, favour more attractive secondary spreads
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Sterling corporate bond issuance is on a roll
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◆ Only 10bp-15bp needed to seal sophomore euro sale ◆ Little investor attrition as interest for the format grows
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Imminent half year results will reveal whether the new Swiss bank is a hastily patched monster or a new financial powerhouse
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Cantonal bank slipped into the market ahead of next week's Pfandbriefzentrale syndication