UPDATE 1-Banco Santander opts to roll-over CoCo bond



Banco Santander on Tuesday opted
not to call a 1.5 billion euro ($1.7 billion) additional tier
one (AT1) bond once the deadline expired, becoming the first
European lender not to redeem this kind of hybrid debt that can
be converted into equity.



Source link

Some local news is curated - Original might have been posted at a different date/ time! Click the source link for details.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Send this to a friend