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Credit Suisse launches new covered bond – memo

By:
Reuters
Updated: Dec 1, 2022, 12:21 UTC

(Reuters) - Credit Suisse on Thursday launched a new three-year covered bond, a lead manager memo seen by Reuters showed.

Christmas tree is decorated in front of headquarters of Swiss bank Credit Suisse in Zurich

(Reuters) – Credit Suisse on Thursday launched a new three-year covered bond, a lead manager memo seen by Reuters showed.

According to the memo, price guidance for the new bond was set at mid-swaps +75 basis points (bps).

Order books for the new issue exceeded 825 million euros, a separate memo showed.

(Reporting by Chiara Elisei, editing by Dhara Ranasinghe)

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