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BSTDB issues CHF 200 million bond
News |
03-Sep-2012
The Black Sea Trade and Development Bank (BSTDB) has issued a debut Swiss Franc (CHF) bond. The CHF 200 million, four year unsecured bond with a coupon of 2.5% had Credit Suisse as sole arranger and attracted more than 50 investors, including asset managers, private banks and retail clients. The proceeds of this new issuance will assist the BSTDB in meeting its mandate by responding to the funding needs of its clients in the Bank's member countries.
