Deutsche Bank Wants to Make CoCo Great Again

Posted on 02/11/2020


Deutsche Bank AG disclosed plans to issue at least US$ 1 billion in Additional Tier 1 securities. The decision was made by the management board and approved by a committee of the supervisory board. Additional Tier 1 securities are a form of contingent convertible (CoCo) instruments. CoCo debt is perpetual by nature, banks almost always […]

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