UBS Warburg is running the books of two contrasting equity linked deals from Swiss firms - just one day after Nestlé, the Swiss based food group, hit the exchangeables market.
On Thursday UBS sold a $200m (€225.7m) exchangeable bond deal for Givaudan, a Swiss fragrance and flavour manufacturer, aimed at European institutions. At the same time in Zurich the bank was running the books on a Sfr200m (€129.9m) convertible for Jelmoli Holding, the Zurich-based retail store operator, targeting domestic investors.
