Credit Suisse to Buy Back QIA and Olayan Debt Issued
Posted on 08/29/2018
Credit Suisse Group AG revealed on August 28th a plan to buy back roughly 5.9 billion CHF of debt issued post-financial crisis to the Qatar Investment Authority (QIA) and the wealthy Olayan family of Saudi Arabia. Issued in 2011 to allay Swiss regulators, the convertible debt created was used to cut funding costs and enhance […]
