Credit Suisse bondholders sue Switzerland in the U.S. over $17 billion writedown of AT1 debt

A group of Credit Suisse bondholders have filed a lawsuit over the Swiss government's decision to write down the failed bank's Additional Tier 1 debt.

Jun 7, 2024 - 20:00
 0  7
Credit Suisse bondholders sue Switzerland in the U.S. over $17 billion writedown of AT1 debt
A group of Credit Suisse bondholders have filed a lawsuit over the Swiss government's decision to write down the failed bank's Additional Tier 1 debt.