TruPs cash spurs CapOne, State St perps
US financials Capital One and State Street took advantage of a wave of trust preferred redemptions to issue new subordinated perpetuals this week.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts