Appaloosa Sues Credit Suisse Over $17 Billion AT1 Bond Wipeout

Hedge fund Appaloosa LP became the latest to sue over the $17 billion wipeout of high-risk bonds last year that was part of the deal to save Credit Suisse Group AG from a full-scale collapse.

Apr 24, 2024 - 03:46
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Appaloosa Sues Credit Suisse Over $17 Billion AT1 Bond Wipeout
Hedge fund Appaloosa LP became the latest to sue over the $17 billion wipeout of high-risk bonds last year that was part of the deal to save Credit Suisse Group AG from a full-scale collapse.

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