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SocGen backs coco 'death spiral' trade
9 years ago
Investors should consider buying put options on the equties of banks issuing alternative tier 1 bonds (AT1), a play that could lead to a so-called 'death spiral'. -
BNP Paribas sees little value in Deutsche Bank’s AT1 offer
9 years ago
Deutsche Bank's multi-tranche alternative tier one bond issue doesn't look so good to BNP Paribas research -
Barclays keeps credit investors on side with tier one swap
9 years ago
Barclays offers to swap older non-compliant bank capital instruments at a premium -
JP Morgan adds to coco valuation debate
10 years ago
Amid widespread uncertainty over how to value so-called alternative Tier 1 bank capital securities, JP Morgan has come up with a list of those it thinks are trading cheap to fair value and those that look expensive. -
Lloyds names capital notes available for exchange
10 years ago
As part of a liability management exercise to bring its regulatory capital within the remit of new regulations, Lloyds has identified some £4 billion of bonds that can be tendered in the exchange offer announced earlier this month.
5 results found Showing page 1 of 1
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