Vontobel raises $240 million in eight-year bond

What's the deal? Swiss bank Vontobel has raised US$183.3M through an eight-year bond, with ZKBDealroom has a profile for this one. Try Dealroom → and BNP Paribas as lead managers. The issue carries a coupon of 1.605% and matures on September 29, 2034.

The terms: The bond was issued at a price of 100.00%, with an option to increase the amount. Moody's rated it A3, and it lists on the SIX Swiss ExchangeDealroom has a profile for this one. Try Dealroom → from September 28, 2026. The spread came in at +80 basis points over mid-swaps.

Why now? The payment date is set for September 29, 2026, locking in fixed-rate financing over an eight-year horizon.

The signal: The raise marks a step-up for Vontobel, and its A3 rating and sub-2% coupon point to steady investor demand for paper from established Swiss financial names.

Read more: cash.ch

Image credit: Jürg Vollmer