# kaal:claim:2061166-003

**Claim.** 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.

**Type.** definitional  **Support.** asserted

**Source quote.**

> 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, page 6

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

**Verify.** sha256 of source PDF `43625ea260d0fc045e86d3435df50c9d0ca4abf8542e6085a6165be6653b4a7b` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Henkel%20and%20Kaal%20-%202012%20-%20Contingent%20Capital%20in%20European%20Union%20Bank%20Restructuring.pdf

**Topics.** contingent-capital, systemic-risk

**Keywords.** contingent-capital, definition, debt-equity-conversion, bank-restructuring

**Related claims.**

- extends: https://wulfkaal.github.io/claims/1908473-001
- extends: https://wulfkaal.github.io/claims/1998455-007
- restated_by: https://wulfkaal.github.io/claims/2957645-017
- restated_by: https://wulfkaal.github.io/claims/2957645-016

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