Copying and distributing are prohibited without permission of the publisher.

Watermark

Coventry Building Society readies non-pref debut

Coventry_cathedral2_AdobeStock_575x375_23July20
By Frank Jackman
19 Apr 2021

Coventry Building Society is set to sell its inaugural non-preferred senior bond, which it will use to optimise its balance sheet ahead of a deadline for its end-state minimum requirements for own funds and eligible liabilities (MREL).

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free Trial
By Frank Jackman
19 Apr 2021