Liability management moves up agenda

Banco Sabadell and Banca Popolare di Milano have announced liability management exercises this week aimed at boosting their core tier one ratios by buying back hybrid tier one debt at deep discounts. They follow other issuers who have adopted this route and the pace is expected to pick up in the coming months.

  • 25 Mar 2009

Hélène Durand

+44 207 440 6025

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