New Issue- Walliser KB/BCV prices dual tranche deal

Banque Cantonale du Valais

27/11/2014 11:53

Nov 27 (Reuters) -Following are terms and conditions 
    of a dual tranche deal priced on Thursday.  
      
    Borrower                Banque Cantonale du Valais 
                            (Walliser KB/BCV)  WKB.S  
    * * * 
    Tranche 1                
    Issue Amount            120 million swiss franc 
    Maturity Date           December 15, 2023 
    Coupon                  0.625 pct 
    Issue price             100.282 
    Spread                  9 basis points 
    Underlying govt bond    Over midswaps 
    ISIN                    CH0262286252                           
    * * * * 
    Tranche 2 
    Issue Amount            100 million swiss franc 
    Maturity Date           December 15, 2021 
    Coupon                  0.375 pct 
    Issue price             100.138 
    Spread                  7 basis points 
    Underlying govt bond    Over midswaps 
    ISIN                    CH0262286237 
    * * * * 
    Common terms 
    Payment Date            December 15,2014 
    Lead Manager(s)         Banque Cantonale du Valais 
    Listing                 SIX 
    Full fees               Undisclosed 
    Denoms (M)              5 
    Governing Law           Swiss 
    For ratings information, double click on  RRS0001  
    For all bonds data, double click on  BONDS  
    For Top international bonds news  TOP/DBT  
    For news about this issuer, double click on the issuer RIC, 
    where assigned, and hit the newskey (F9 on Reuters terminals) 
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