Deals & Cases

Valiant Bank AG placed second tranche of covered bonds

19 avril 2018 – 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).