New Wirecard allegations rock convert market

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New Wirecard allegations rock convert market

Aidan Gregory
October 17, 2019 04:00 pm
Wirecard_2_alamy_230x150
PJNP8H Aschheim, Deutschland. 08th Sep, 2018. Wirecard AG is a listed and globally operating technology and financial services company headquartered in Aschheim near Munich. Wirecard is leading in Europe as a specialist in payment processing and issuing company headquarters lettering, Gebauede, | usage worldwide Credit: dpa/Alamy Live News | Alamy Stock Photo

Europe’s equity-linked bond market has been rocked this week, this time by fresh allegations of accounting fraud against Wirecard, the German payments processing company, less than a month after SoftBank issued a €900m exchangeable bond designed to derisk its investment in the company. Aidan Gregory reports.

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Credit SuisseGermanyEquityEuropeEMEAEquity-Linked
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Aidan Gregory
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