All Strange Things About India and world
AT-1 bonds are hybrid securities which have loss absorbing features.Mumbai: A decision to write down Credit Suisse’s additional tier-1 bonds to zero after the bank agreed to be bought by…
Prices on all AT1s will almost certainly drop on Monday.Among the biggest losers in the shotgun sale of Credit Suisse Group AG are investors in the firm’s riskiest bonds, known…
Mukul Rohatgi argued that writing off the AT1 bonds was incorrect in law. (File)New Delhi: The Supreme Court today extended a stay on an order by a lower court quashing…
With this, the court offered relief to bondholders who had an exposure of $1.04 billion to these bonds.Mumbai: The Bombay High Court, in an oral pronouncement on Friday, quashed the…