• 11/10/2024

Japanese Lender Reopens Market for Risky Bank Bonds

Wall Street Journal

Sumitomo Mitsui raised $1 billion by selling AT1 bonds, reopening a segment of the market that was called into question after UBS’s takeover of Credit Suisse.

https://www.wsj.com/articles/japanese-lender-reopens-market-for-risky-bank-bonds-5c38eef8