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11.11.22
Credit Suisse in summary : Good luck
-Capital raise 4 Billions -
-Two new bonds 4 billions, one with coupon over 9% and one 7,75%
- Market Cap : 10,6 billions
cds5year over 300
And if we summarise : Bank said that they need 4 Billions and they will get 8 billions, the 75% of the market cap !
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400 bn at call liabilities - 900 bn leverage exposure and cash 160 bn + 8 bn
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