10 yr: Comments: CHF100m+ 10yr snr. CS/UBS jt bks, comans Raif/Vont. IOIs 0.75%/1% cpn yld at par (MS+95/120), bks open 1% area. Came 125m at 1% at par= MS+119/E+148.3;
P NC 7: Redemption: 2023-10-27; Comments: CHF200m PNC7 hybrid, 250bp step, +initial spread 5yr MS+212.5. NR. CS/UBS. 2.25% area (MS+265 area). Came at 2.125% at par = MS+252.3bp;