All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group

Co-op joins tier two rush with LM

Co-operative Bank has joined the rush for new tier two capital instruments this week — but through a liability management exercise. It is offering to switch £300m of outstanding securities into a new bullet tier two.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree