Business
Roughly $17 Billion of Credit Suisse's Riskiest Bonds Are Set to Be Wiped out After the ... - Latest Tweet by Bloomberg
The latest Tweet by Bloomberg states, 'Roughly $17 billion of Credit Suisse's riskiest bonds are set to be wiped out after the UBS deal This dollar-denominated AT1 bond, quoted around 90 cents at the start of the month, is now trading at 3 cents on the dollar Latest updates: ...'
Roughly $17 billion of Credit Suisse's riskiest bonds are set to be wiped out after the UBS deal
This dollar-denominated AT1 bond, quoted around 90 cents at the start of the month, is now trading at 3 cents on the dollar
Latest updates: https://t.co/QhOZAgtTA6 pic.twitter.com/5x9DBNPQf5— Bloomberg (@business) March 20, 2023
(The above story first appeared on LatestLY on Mar 20, 2023 03:23 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).