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Credit Suisse bondholders sue Switzerland in the U.S. over $17 billion writedown of AT1 debt
![Credit Suisse bondholders sue Switzerland in the U.S. over $17 billion writedown of AT1 debt](https://www.financialgazette.co.uk/wp-content/uploads/2024/06/3267-credit-suisse-bondholders-sue-switzerland-in-the-us-over-17-billion-writedown-of-at1-debt-850x560.jpeg)
Credit Suisse bondholders sue Switzerland in the U.S. over $17 billion writedown of AT1 debt
A group of Credit Suisse bondholders have filed a lawsuit over the Swiss government’s decision to write down the failed bank’s Additional Tier 1 debt.