Non Payment of Coupon Irritates UniCredit’s Bondholders
Posted on 05/22/2021
Born in Rome in 1963, Andrea Orcel served as President of UBS Investment Bank from November 2014 to September 2018. Orcel is now CEO of UniCredit SpA. In a major move, Orcel surprised bond investors with a decision to skip a coupon payment on US$ 3.6 billion of hybrid bonds due later in May 2021. […]
