CS and Bawag add names to sub pipeline

The pipeline for subordinated debt continues to swell, with Credit Suisse and Austria’s Bawag announcing roadshows for deals that could hit the market in the next couple of weeks. The potential deals signal the revival of the euro tier two market for bank debt, which has lain dormant since July. Credit Suisse's deal would be the first euro-denominated Coco to hit the market.