BSTDB issued CHF 100m bond

The Black Sea Trade and Development Bank (BSTDB) rated A2/A-/NR has issued its second Swiss Franc (CHF) bond. The CHF 100 million unsecured bond, maturing in December 2019, with a coupon of 1.625% had Credit Suisse as sole bookrunner. The issuance attracted investors from private banks, asset managers, pension funds and insurance companies.