CoCos hit by new prospectus regime

• Autores: Lizzie Meager
• Localización: International financial law review, ISSN-e 0262-6969, Vol. 35, Nº. 18, 2016 (Ejemplar dedicado a: 5/9/2016)
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • The article focuses on new rules proposed by the European regulators related to debt prospectuses which could discourage issuance of contingent convertible bonds (CoCos). It mentions that CoCos or additional tier 1 instruments (AT1s), issued by Deutsche Bank has lost its value as investors panicked it would be unable to service its debts. It presents the views of Charlotte Bellamy, director at the International Capital Market Association (ICMA), on the same