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What will happen to Credit Suisse bonds after the merger with UBS?

Name: 20/03/2023. Bondsupermart: What will happen to Credit Suisse bonds after the merger with UBS?
Creator: Cbonds
License: https://creativecommons.org/licenses/by/4.0/

20/03/2023 | Bondsupermart

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CHF 16b of Credit Suisse Additional Tier 1 bonds will be wiped after merger with UBS. Tier 2 and Senior bondholders are safe for now from any potential write-down.

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