UniCredit To Skip Coupon on CASHES Bond

UniCredit To Skip Coupon on CASHES Bond

A spokesman of UniCredit said on Friday that the bank would not be paying coupons on their euro-denominated convertible and subordinated hybrid equity-linked note known as CASHES (ISIN: XS0413650218) after the Italian lender posted a €2.79bn ($3.4bn) loss in 2020....
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