ISIN.net update courtesy of Reuters news profiling new, multi-tranche issuance of debt by Zurich based finance company Pfandbriefbank Schweizerischer (PSHypo)
Companies that wish to provide public notice of updates, changes or additions to securities using International Securities Identification Number (ISIN) issued by the company may do so courtesy of ISIN.net corporate services
Nov 21 (Reuters) -Following are terms and conditions of a multi tranche deal priced on Friday.
Issuer: Pfandbriefbank Schweizerischer Hypothekarinstitute (PSHypo)
* * * *
Tranche 1
Issue Amount: 200 million Swiss franc
Maturity Date: March 21, 2023
Coupon: 1.0 pct
Issue price: 104.2850
Reoffer price: 103.9350
Yield: 0.514 pct
Spread: 1 basis point
Underlying: govt bond through mid swaps
Notes: The issue size will total 740 mln Swiss franc when fungible
Temporary ISIN: CH0261627399
ISIN: CH0247849992
* * * *
Tranche 2
Issue Amount 203 million Swiss franc
Maturity Date July 07, 2026
Coupon 1.0 pct
Issue price 101.9920
Reoffer price 101.6420
Yield 0.851 pct
Spread 2 basis points
Underlying govt bond over mid swaps
Notes: The issue size will total 380 mln Swiss franc when fungible
Temporary: ISIN CH0261627407
ISIN CH0255678333
* * * *
Tranche 3
Issue Amount 245 million Swiss franc
Maturity Date December 05, 2040
Coupon 1.5 pct
Issue price 102.1460
Reoffer price 101.6960
Yield 1.421 pct
Spread 8 basis points
Underlying govt bond over mid swaps
ISIN CH0261627415
* * * *
Common Terms
Lead Manager(s) Credit Suisse, UBS
Ratings Aaa (Moody’s)
Listing SIX
Denoms (K) 5
Governing Law Swiss
Payment Date December 5, 2014
Full fees Undisclosed