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Spanish Law Aspects of Senior Non-Preferred Notes

icon 31 de marzo, 2017
The latest is an instrument known as senior non-preferred debt, which is midway between senior debt and subordinated/Tier 2 debt. This instrument will not qualify as Tier 1 or Tier 2 capital, but will be eligible to compute for purposes of TLAC/MREL requirements and will be cheaper for banks than pure subordinated debt…

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Autor/es

Ferran Foix – Socio

Tipología

Análisis

Áreas y sectores

Bancario y Financiero

Concursal