Fitch tightens equity criteria on hybrids
Fitch has tightened its requirements for hybrid securities to receive equity credit, and simplified its categorisation. From now on there will be just three buckets — 100%, 50% or zero credit — instead of five.
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