Nestle made a rare appearance in its domestic market, selling a SFr1.5bn dual-tranche six and 10-year bond that exemplified one of the major themes running through the year. Where 2017 had been a year of new corporate names coming with smaller and frequently lower-rated or unrated deals, 2018 saw a resurgence of "national champions" - household names bringing big, flashy trades. Nestle printed one of the biggest and flashiest deals ever in the Swiss franc market in early June, after several weeks of monitoring the market.
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