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

EBA opens equity-linked door

The European Banking Authority on Thursday opened the door to equity-linked issuance for banks to meet the regulator’s 9% capital buffer. The common termsheet for contingent capital instruments published by the EBA specifies the core features that instruments must have in writedown situations — but leaves open the possibility for additional optional conversion by holders.

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