S&P out with Coco criteria, only Moody’s yet to issue verdict
Standard & Poor’s this week became the second major rating agency to rate new-style bank hybrid capital securities. But structurers say the criteria are unlikely to influence the design of instruments anytime soon.
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