Poland taps Credit Suisse, Unicredit for Swiss franc bond issue

WARSAW (MarketWatch) -- Poland's finance ministry said Wednesday it has chosen Credit Suisse (CS:
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CS 50.89, -0.38, -0.7%) and UniCredit (UCG.MI) to lead-manage a Swiss franc denominated soverign bond issue.
In a statement, the ministry said the size and maturity of the issue will be set when the bonds are priced.
However, Deputy Finance Minister Kataryzna Zajdel-Kurowski said last week that Poland was unlikely to tap foreign debt markets in the first quarter due to unsettled conditions.
Poland's most recent sovereign issue of Swiss franc notes was in April 2007, when it sold CHF1 billion in 12-year and PLN500 million in five-year paper.
The finance ministry said the issue will be part of its ongoing Euro Medium-Term Notesissuance program.
Source: marketwatch.com