The value of Credit Suisse's CoCo, or contingent convertible bonds, are expected to be entirely written off after a deal over the weekend was struck to merge the lender with UBS. (MarketWatch photo ...

The value of a class of convertible bonds issued by banks plunged in value on Monday after Credit Suisse’s securities were completely written down to zero by the Swiss regulator. The Swiss Financial ...

MADRID, June 13 (Reuters) - Spain's BBVA BBVA.MC said on Tuesday it reopened the market with the issuance of the first contingent convertible bond (Coco) since the rescue of Credit Suisse in March ...

MADRID, Sept 11 (Reuters) - Spain's BBVA launched on Monday a contingent convertible bond in U.S. dollars with a 6-year redemption option, in what was the second issuance of an AT-1 bond in 2023, the ...

No sooner had bond market participants learned of Credit Suisse’s successful completion of a buffer capital notes deal widely marketed to investors outside the US than expectations grew that more ...

LONDON, Nov 10 (Reuters) - The Association of British Insurers said on Tuesday its members were against including a new type of hybrid bond, so-called contingent convertibles, in bond indexes. "Our ...

MADRID, June 13 (Reuters) - Spain's BBVA BBVA.MCand Bank of Cyprus reopened the market with the issuance of the first euro-denominated contingent convertible bonds (CoCo) since the rescue of Credit ...

The perpetual bond market has yet to recover from a confidence crisis triggered by the collapse of Credit Suisse Group AG. That event led to the write-off of $17 billion of perpetual bonds, which are ...

Proposed new accounting rules have put the damper on the issuance of a popular type of convertible corporate bond in the US market. The Financial Accounting Standards Board wants companies to treat so ...

Having conducted multiple stabs at liability management over the years, Mexican cement giant Cemex employed a new security to manage potential debt obligations. Long-time partner Citigroup was ...