Additional Tier 1 bonds
Credit Suisse’s AT1 bond crash fuelled leadership crisis at HDFC
For a bank already grappling with balance sheet challenges following its 2023 merger with a mortgage lender, the timing could hardly be worse
AT1 bond market reopens with HSBC raising US$2.5 billion
The firm is the largest issuer of AT1s globally with more than US$23 billion of the deeply subordinated bonds outstanding
UBS raises US$3 billion from sale of Additional Tier 1 bonds
The sale marks the company’s first AT1 transaction since September
Drew & Napier, Withers to collaborate on claims against Switzerland over Credit Suisse AT1 losses
The Singapore firm has filed arbitration for Japanese claimants; expects to file for Singapore, Hong Kong groups by Q1 2026
UBS sells US$3.25 billion in first deal since AT1 ruling
Additional Tier 1 bonds are the riskiest type of debt banks can sell and are the first in line to take losses if a lender hits trouble
Withers to take action against Switzerland on Credit Suisse AT1 losses in Asia
The law firm is acting for investors across the region, including in Hong Kong and Singapore
Drew & Napier to sue Switzerland over Asia losses on AT1s
ONE of Singapore’s biggest law firms is set to file claims against the Swiss government by the end of the year, seeking compensation for hundreds of Asian bondholders of Credit Suisse Additional Tier-...
Over 500 investors, including 300 Singaporeans, kick off claim against Switzerland over Credit Suisse bond losses of over US$250 million
Drew & Napier is leading action by investors who saw their investments wiped out when CS AT1 bonds were written down as part of takeover by UBS
Australia moves ahead to scrap AT1 bonds after Credit Suisse hit
AUSTRALIA’S banking regulator is pushing ahead to scrap the market for contingent convertible securities, despite some concerns, becoming the first country to phase out the securities that were wiped ...
Australia’s plan to scrap AT1 bonds unlikely to affect Singapore banks
SINGAPORE banks are unlikely to face any near-term impact from a proposal by Australia’s banking regulator to phase out the use of additional tier-1 (AT1) bonds, analysts said.
