Banks Pressed To Defer Hybrid-Securities Payments

14 Aug 2009

The European Commission is pressing banks that ask for bailout funds from their government to defer payment on hybrid securities as condition of receiving the money, CreditSights analysts said.

The European Commission is pressing banks that ask for bailout funds from their government to defer payment on hybrid securities as condition of receiving the money, CreditSights analysts said. The EC said last month state aid should not be used to pay coupons unless they are contractually required ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.