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Credit Suisse to call for redemption of CHF 1.5bn capital instrument

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Credit Suisse plans to call its $1.5bn (CHF 1.5bn) 7.125% high-trigger Tier 1 capital instrument for redemption on 29 July, the firm announced on Thursday. This is part of the firm’s capital and funding plan for 2022, which includes a plan to issue up to CHF 2bn in high-trigger Tier…

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