TwentyFour AM: Importance of UBS deal for AT1 market 'cannot be overstated'

'Cathartic event' for the market

Valeria Martinez
clock • 3 min read

The highly-anticipated issuance of $3.5bn worth of AT1 bonds by UBS this week has been a “cathartic event” for the market, said Jakub Lichwa, portfolio manager at TwentyFour Asset Management.

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