5 yr: Comments: CHF150m (upsized from CHF100m) 5yr snr. Set MS+48bp from MS+48 area (Eidg+90a/0.55%a), sounded MS+47/50. Bks close 2:30pm (3:30pm CET) 0.55% cpn exp. Had Zurich non deal roadshow Feb 14. -/BBB/BBB. CS/CMZ. Came 150m @+48/Eidg+89.4, 0.542%. Tax Call: No. PP: No. XD: No;