Thu 03/16/2023 13:56 PM
Share this article:
Relevant Document:
Dec. 31 Overview of Debt Instruments

The Swiss National Bank and Switzerland’s financial regulator Finma do not wish to comment on how the SNB's 50 billion Swiss franc ( $53.791 billion) liquidity lifeline, which includes a CHF 39 billion covered facility, extended to Credit Suisse impacts the “Viability Event” provision in the investment bank’s subordinated debt.

In an emailed response to Reorg, the SNB declined to comment on a potential Viability Event, adding that “the...
Share this article:
This article is an example of the content you may receive if you subscribe to a product of Reorg Research, Inc. or one of its affiliates (collectively, “Reorg”). The information contained herein should not be construed as legal, investment, accounting or other professional services advice on any subject. Reorg, its affiliates, officers, directors, partners and employees expressly disclaim all liability in respect to actions taken or not taken based on any or all the contents of this publication. Copyright © 2024 Reorg Research, Inc. All rights reserved.
Thank you for signing up
for Reorg on the Record!