Will other banks
replicate Barclays full write-down CoCo? Vote
One of last
months closely-watched deals was Barclays inaugural
contingent convertible bond (CoCo). There was some scepticism
over investors accepting a full write-down feature and a high
trigger point (seven percent of risk-weighted assets). But the
deal was a success. The $3 billion offering attracted $17
billion of orders globally.
Could this be a
watershed moment for banks looking to boost their tier 2
Let us know by voting
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