Co-op offers sterling in sub exchange
The Co-operative Bank is to offer a new 10 year sterling denominated subordinated issue in exchange for a lower tier two that matures in 2016, the bank said in an RNS filing on Thursday.
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