20 April 2018

Valiant Bank AG placed second tranche of covered bonds


Valiant Bank AG has successfully placed a second tranche of covered bonds in the amount of CHF 500 million under its existing programme. The covered bonds have a 6 year term and carry a coupon of 0.125 percent. Moody's assigned a triple A rating. The covered bonds will be listed on SIX Swiss Exchange. BNP Paribas (Suisse) SA and Zürcher Kantonalbank acted as lead-manager.

Walder Wyss acted as counsel to Valiant Bank AG. The Walder Wyss team included Thomas Müller (partner, finance) und Johannes A. Bürgi (partner, finance).

News

News

20 April 2018

Valiant Bank AG placed second tranche of covered bonds

Valiant Bank AG has successfully placed a second tranche of covered bonds in the amount of CHF 500 million under its existing programme. The covered bonds have a 6 year term and carry a coupon of 0.125 percent. Moody's assigned a triple A rating. The covered bonds will be listed on SIX Swiss Exchange. BNP Paribas (Suisse) SA and Zürcher Kantonalbank acted as lead-manager.

Walder Wyss acted as counsel to Valiant Bank AG. The Walder Wyss team included Thomas Müller (partner, finance) und Johannes A. Bürgi (partner, finance).