Poll: will Barclays’ write-down CoCo become a market template?

Author: IFLR Correspondent | Published: 10 Dec 2012
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Will other banks replicate Barclays’ full write-down CoCo? Vote here

One of last month’s 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 capital ratios?

Let us know by voting on IFLR’s poll, displayed on our Linkedin page here and on our website homepage here

Please note all votes are anonymous. 

 


 

 

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