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Guarantor: GIE Suez Alliance
Rating: A2/A- (Moody's/A-)
Amount: Sfr225m
Maturity: 22 December 2014
Issue price: 100.325
Coupon: 3.25%
Launch date: Monday 26 November
Payment date: 27 December
Joint books: ABN Amro, UBS
Bookrunners' comments:
ABN Amro , This is the issuer's debut in the Swiss market and represents a continuation of the interest we have seen for corporate names over recent weeks.
We knew there was still good demand for corporates out there and particularly debut issuers but this deal is still different. The fact that it has the guarantee of GIE Suez Alliance is important because that's a fantastic name.
There wasn't any need to roadshow for this issuer. The GIE Suez Alliance name said a lot to investors and by soft sounding investors we were confident that investors would react well...