The embattled lender's longer-dated bonds suffered the sharpest declines
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LONDON - Euro-denominated bonds issued by Credit Suisse dropped to record lows on Monday, reflecting market concern about the group as it finalises a restructuring programme due to be announced on Oct. 27.
The embattled lender's longer-dated bonds suffered the sharpest declines. The 2032 and 2033 issues dropped more than 5 cents to trade at 71.6 cents in the euro and 54.2 cents in the euro respectively, Tradeweb data showed.
(Reporting by Karin Strohecker; editing by Dhara Ranasinghe)
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