UBS-Credit Suisse merger leads to $17 billion AT1 bond wipeout | ubs, credit suisse, at1, bonds, merger, wipeout, creditsights, pramod shenoi, finma
UBS’ Credit score Suisse takeover will result in the write-off of CHF16 billion ($17.24 billion) price of Extra Tier 1 (AT1) bonds, following a name on Sunday by Swiss authorities ...