Credit Suisse CoCo oversubscription dispels concerns over investor demand

Deals in Focus: Credit Suisse CoCo

credit-suisse-zurich

August 2010 saw the Basel Committee on Banking Supervision unveil proposals on loss-absorbing regulatory capital instruments that could either be written down or converted to equity on the hitting of a predetermined trigger.

But some investors questioned the broader appetite for these contingent convertible instruments, or CoCos. Concerns were raised about the trigger points of such deals, with questions over whether an accurate common equity tier 1 ratio could be calculated for the conversion

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here