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Credit Suisse issues approx. CHF 4 bn of Write-down Bonds
In August and September 2013 Credit Suisse issued a total of approx. CHF 4 bn of write-down bonds that qualify towards the Progressive Component under the Swiss Too big to fail-Legislation, all governed by Swiss law and all listed on the SIX Swiss Exchange. Credit Suisse’s inaugural issue consisted of USD 2.5 bn Tier 2…
Reference: CapLaw-2013-30