Bank of Cyprus laps up its old AT1s
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Bank of Cyprus laps up its old AT1s

Atanas Dinov
July 04, 2023 03:37 PM
Laiki Bank, Nicosia, Cyprus. 24th March, 2013 A branch of the Bank of Cyprus on the outskirts of Nicosia in Cyprus, as the nation awaits the outcome of the negotiations of an EU bailout.

◆ Issuer committed to cancelling as much old capital as possible ◆ Buying back above par ◆ All buying-back thanks to new AT1 providing capital optimisation

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Atanas Dinov
Bank Finance Editor
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