kaal:claim:2061166-003

Contingent capital is stipulated as the predefined conversion of a financial institution's debt securities into equity securities, and on that definition it supplies an option for the efficient restructuring and resolution of failing financial institutions.

Source quote, verbatim
Contingent capital is the predefined conversion of a financial institution's debt securities into equity securities.24 Contingent capital provides an option for the efficient restructuring and resolution of failing financial institutions.
From

Christoph K. Henkel, Wulf A. Kaal, Contingent Capital in European Union Bank Restructuring (2012), I. INTRODUCTION, p. 6
https://ssrn.com/abstract=2061166 · source PDF

Cite as

Christoph K. Henkel, Wulf A. Kaal, Contingent Capital in European Union Bank Restructuring (2012). SSRN: https://ssrn.com/abstract=2061166

Classification

definitionalsupport: assertedcontingent-capitalsystemic-risk

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