February 12, 2019 |
Fonplata has raised CHF150m ($149m) from the sale of five-year notes in its international bond market debut in the Switzerland.
The bookrunners Credit Suisse and UBS priced the notes at 0.578% after receiving CHF225m in orders, Fonplata said in a press release.
Fonplata received an A2 from Moody's and an A- from S&P Global in 2016, but it chose to establish a track record of active lending before going to the international bond markets.
Fonplata approved more than $1.7bn in loans in its
Regional development bank raises $150m in its first international debt sale