Investment Banking
Regulation, Risk & Compliance
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Credit Suisse to Buy Back $6 Billion in Qatar, Saudi Debt
Credit Suisse Group AG plans to buy back about 5.9 billion francs ($6 billion) of debt issued after the financial crisis to the Qatar Investment Authority and Saudi Arabia’s Olayan family to cut funding costs. The bank will redeem the contingent convertible bonds — which automatically become equity when reserves…
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Click here to read the full story: Bloomberg