Posts tagged ‘contingent convertible’

Will the Market Be Cuckoo for CoCos? That’s Contingent Convertibles.



Remember the commercials featuring Sonny the Cuckoo Bird going absolutely nuts and repeating the phrase, “I’m cuckoo for Cocoa Puffs!” after eating a spoonful of the chocolaty goodness? In some sense, that’s been investors’ behavior for any investment offering yield in today’s…

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