Credit Suisse plans to pay up for AT1

Jasper Cox

July 09, 2018 01:30 pm

CreditSuisse_PA_230x150 — A sign for the New York headquarters of Credit Suisse on Madison Ave. on Saturday, December 27, 2014. Credit Suisse Group AG and Deutsche Bank AG have agreed to a settlement of $12.5 billion between the two banks resolving DoJ investigations into their alleged culpability in the financial crisis. (Photo by Richard B. Levine) *** Please Use Credit from Credit Field *** | Richard B. Levine/SIPA USA/PA Images

Credit Suisse was looking to complete to raise additional tier one (AT1) capital on Monday and to become only the second bank to launch a benchmark-sized transaction in the format since April.

Unlock this article.

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

To unlock this article:

Request demo or Login

✔ 4,000 annual insights
✔ 700+ notes and long-form analyses
✔ 4 capital markets databases
✔ Daily newsletters across markets and asset classes
✔ 2 weekly podcasts

Topics

Bank Capital Switzerland Credit Suisse Europe EMEA FIG

JC

Jasper Cox