Credit Suisse to sell first Tier 2 CoCo in euros

By Aimee Donnellan

Wed Sep 11, 2013 4:25am EDT

LONDON, Sept 11 (IFR) - Credit Suisse is testing investor interest for the first euro-denominated Tier 2 CoCo bond on Wednesday morning at mid-swaps plus low 400s.

Credit Suisse is the sole bookrunner on the 12 non-call seven-year permanent write-down bond, with Banca IMI, Commerzbank, RBS and Wells Fargo acting as joint lead managers.

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