Contingent Convertible Share
A Contingent Convertible Share, often referred to as a CoCo bond, is a type of debt security that automatically converts into equity when a predefined trigger event occurs, typically related to the issuer's financial health or regulatory capital thresholds. These instruments are designed to provide additional capital to the issuer during periods of financial stress, thereby enhancing financial stability.
Also known as
Contingent Convertible Bond, CoCo bond, Contingent Convertible Instrument, Convertible Contingent Security
Ancestry path
Generated from sali-legal/LMSS at 3f9ac0c9357b (2026-03-10). JSON