Leonteq and Raiffeisen Switzerland Cooperative have extended their existing structured products cooperation agreement, which will run until 2026, by four years to 2030.

The two firms have refocused their cooperation to account for developments within the two companies to date. As a result all guarantees issued by Raiffeisen to Leonteq counterparties over the last few years and the existing credit facility provided by Raiffeisen to Leonteq have been terminated. With the extension of the agreement Raiffeisen is seeking to expand its pension and investment activities and plans to begin issuing, hedging and distributing some of its structured products itself via a

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