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  1. www.reuters.com › markets › why-markets-are-uproar-over-riskyExplainer: What are AT1 bonds and why are Credit Suisse's ... -...

    Mar 24, 2023 · LONDON, March 24 (Reuters) - Financial markets have been thrown a fresh curve ball by the decision to write down 16 billion Swiss francs ($17.5 billion) of Credit Suisse bonds, known as...

  2. www.cnn.com › 2023/03/20 › investingWhat are AT1 bonds and why are Credit Suisse’s now worthless?

    Mar 20, 2023 · Investors in a riskier type of Credit Suisse’s bonds had the value of their holdings slashed to zero Sunday after Swiss authorities brokered an emergency takeover of the bank by rival UBS.

  3. www.cnbc.com › 2023/03/21 › what-are-credit-suisses-at1-bondsWhat are Credit Suisse's AT1 bonds, or CoCos, and why do they...

    Mar 21, 2023 · AT1 bonds would be written to zero as part of the deal between Credit Suisse and UBS, Swiss regulator FINMA said on Sunday. The move was somewhat unusual, prompting investors to threaten...

  4. www.ft.com › content › 47168c08-f09e-4ddb-905f-3c368c4f2b05Additional tier 1 bonds: the wiped-out debt at centre of Credit...

    Mar 20, 2023 · About $17bn in Credit Suisse additional tier 1 (AT1) bonds were wiped out as part of the transfer to UBS, essentially reducing the burden on its new owner and hitting investors who knew they had...

  5. www.reuters.com › business › financeExplainer: Credit Suisse bondholders seek legal advice on AT1...

    Mar 23, 2023 · LONDON, March 23 (Reuters) - Credit Suisse (CSGN.S) bondholders are seeking legal advice after the Swiss regulator ordered 16 billion Swiss francs ($17.5 billion) of Additional Tier-1...

  6. www.cnbc.com › 2023/03/23 › swiss-regulator-says-central-bankSwiss regulator defends controversial $17 billion writedown of...

    Mar 23, 2023 · Swiss regulator FINMA on Thursday defended its decision to instruct Credit Suisse to write down its AT1 bonds — a controversial part of the lender’s emergency sale to UBS — saying it was a...

  7. www.credit-suisse.com › articles › media-releasesIntended redemption of Credit Suisse Group Additional Tier 1...

    Jun 16, 2022 · Credit Suisse Group announces today its intention to call its $1.5 billion 7.125% high-trigger Tier 1 capital instrument for redemption on the first optional redemption date of the instrument, July 29, 2022.