Tradition: New bond placement
Compagnie Financière Tradition SA took advantage of the attractive market conditions to successfully raise CHF 115 million on the Swiss capital market through the placement of a straight bond. This new issuance, with a maturity of 5 years to June 2020 and carrying a coupon of 2%, was achieved under the lead management of Credit Suisse and Zürcher Kantonalbank. Through this medium term financing, the Group further strengthen its financial structure.
Source: Compagnie Financière Tradition SA – New bond placement
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