Swiss stocks - Factors to watch on Dec 4
ZURICH Dec 4 (Reuters) - The Swiss blue-chip SMI was seen opening down 0.8 percent at 8781 points on Friday, according to premarket indications by bank Julius Baer .
The following are some of the main factors expected to affect Swiss stocks on Friday:
UBS buying back senior and subordinated debt worth roughly 16 billion Swiss francs ($16.13 billion) in a tender offer due to end on Dec. 15, the Swiss bank said on Friday.
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Credit Suisse has raised 4.7 billion Swiss francs via its newly completed rights offering, the Swiss bank said on Thursday, placing nearly all of 261 million shares offered with existing investors and bringing its capital raising programme to a close. Continuación...