CS to seek approval for additional coco headroom
Credit Suisse will be seeking shareholder approval at its next AGM for additional conditional capital, the bank said in a statement on Thursday. The meeting on April 29 will propose that additional conditional capital be created for the purposes of contingent convertible bonds.
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