Credit Suisse follows ratings upgrade with new AT1

Tyler Davies

December 02, 2020 12:30 pm

Credit_Suisse_PA_575x375_021220 — 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 gave investors an opportunity to buy new additional tier one (AT1) paper in the dollar market on Wednesday, shortly after receiving a credit ratings upgrade from Moody’s.

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Switzerland Bank Capital Credit Suisse Europe Regulatory Capital EMEA FIG Svenska Handelsbanken

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Tyler Davies