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

CS models new-style MACCS, investors cheer

Investor preference for a short-dated mandatory convertible, combined with restrictions in two of the four authorisations that were being used, drove Credit Suisse to choose a short-dated convertible structure for its equity clawback-style deal that completed this week, said bankers.

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