Switzerland: Kantonsspital Baselland prices Sfr100m 10yr bond

Following last week’s investor meetings, Kantonsspital Baselland has priced its expected inaugural Swiss franc bond. The borrower, rated A+ by fedafin and ZKB, raised Sfr100m (US$103.9m) over 10 years from Swiss-based investors at a spread of 32 basis points over mid-swaps. The deal pays a coupon of 1.7% and was priced at 100.435 to yield 1.652%….