Banque PSA Finance: CHF175m bond issue

Banque PSA Finance successfully placed today a CHF175m bond issue, with a maturity of September 2015 and carrying a coupon of 3.25%.

This bond issue confirms the bank's ability to seize opportunities in the bond market, and access liquidity despite volatile financial market conditions and market uncertainties.

Following on from the successful transactions carried out in early 2012, it is part of the bank's prudent management of its liquidity, and is consistent with its objective of ensuring a balanced profile of its maturities and a diversification of its financing currencies.