Deutsche Bank Wants to Make CoCo Great Again
Posted on 02/11/2020
Deutsche Bank AG disclosed plans to issue at least US$ 1 billion in Additional Tier 1 securities. The decision was made by the management board and approved by a committee of the supervisory board. Additional Tier 1 securities are a form of contingent convertible (CoCo) instruments. CoCo debt is perpetual by nature, banks almost always […]
