“Credit Suisse (CSGN.VX) unveiled measures to boost its capital base by 15.3 billion Swiss francs ($15.6 billion), a move that was welcomed by a previously critical central bank and left some investors sceptical. Credit Suisse said that steps including issuing convertible bonds and bringing forward an exchange of hybrid capital notes would boost capital by 8.7 billion francs immediately. The bonds are being fully underwritten by existing investors such as Qatar and the Olayan Group, as well as new investors like Norway’s pension fund Norges and Singapore-based Temasek.”
http://in.reuters.com/article/2012/07/18/idINL6E8IICF920120718
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