{"id":36054,"date":"2022-10-07T05:32:15","date_gmt":"2022-10-07T05:32:15","guid":{"rendered":"http:\/\/www.brandon.ddtest.info\/multisite-test\/credit-suisse-offers-to-buy-3-billion-francs-of-its-own-debt-1\/"},"modified":"2022-10-07T05:32:15","modified_gmt":"2022-10-07T05:32:15","slug":"credit-suisse-offers-to-buy-3-billion-francs-of-its-own-debt-1","status":"publish","type":"post","link":"http:\/\/www.brandon.ddtest.info\/multisite-test\/credit-suisse-offers-to-buy-3-billion-francs-of-its-own-debt-1\/","title":{"rendered":"Credit Suisse Offers to Buy 3 Billion Francs of Its Own Debt (1)"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"\"><!----><!----><\/p>\n<header class=\"TheArticle_header_R8qvI\"><!----><\/header>\n<p><span>Oct. 7, 2022, 5:18 AM<\/span><!----><!----><\/p>\n<aside data-test=\"article-toolbar\" class=\"TheArticleToolBar_buttons_1KnBV TheArticle_toolBar_3aGVC\"><!----><!----><!----><\/aside>\n<article data-test=\"article-body\" class=\"TheArticle_article_1WieB\"><!----><\/p>\n<div class=\"TheArticle_wrapperCta_36F7M\">\n<div><!----><\/p>\n<div class=\"QvNnGjy8J7gi\">\n<div>\n<p><rte.company state=\"{&quot;company&quot;:{&quot;_ref&quot;:&quot;00000161-a3da-d846-a17f-abda42030000&quot;,&quot;_type&quot;:&quot;00000151-acf5-d1ce-a159-bff728d8005b&quot;},&quot;_id&quot;:&quot;00000183-b0e3-dab8-ad8b-f8ebcfaa0000&quot;,&quot;_type&quot;:&quot;00000160-4b23-d8bd-adfd-4b3348fd0000&quot;}\">Credit Suisse Group AG<\/rte.company> is offering to buy back debt securities for cash worth approximately 3 billion Swiss francs ($3 billion), just as the embattled lender tries to put the finishing touches on a planned overhaul. <\/p>\n<p>\u201cThe transactions are consistent with our proactive approach to managing our overall liability composition and optimizing interest expense and allow us to take advantage of market conditions to repurchase debt at attractive prices,\u201d it said in a <bsp.bb.link state=\"{&quot;bbDocId&quot;:&quot;RJD97DMB2SJP&quot;,&quot;_id&quot;:&quot;00000183-b0e3-dab8-ad8b-f8ebcfab0000&quot;,&quot;_type&quot;:&quot;0000016b-944a-dc2b-ab6b-d57ba1cc0000&quot;}\">statement<\/bsp.bb.link> Friday.<\/p>\n<p>Credit Suisse is weeks away from announcing the results of a major strategic review, which is likely to also include asset sales or market &#8230;<\/p>\n<\/div>\n<\/div>\n<p><!----><!----><\/div>\n<\/div>\n<\/article>\n<aside data-test=\"article-side-rail\" class=\"TheArticle_sideRail_1WlzC\">\n<div data-test=\"article-contributor\" class=\"TheArticlePersonCard_card_2_q5p\"><img src=\"https:\/\/db0ip7zd23b50.cloudfront.net\/dims4\/default\/a804ee6\/2147483647\/legacy_thumbnail\/80x80%3E\/quality\/90\/?url=https%3A%2F%2Fbspot-prod.bna.com%2Forca%2Fapi%2Frendition%2Fshow%2F2908835%2Forca77428.png\" alt=\"Catherine Bosley\" class=\"TheArticlePersonCard_avatar_3dY3N\"\/><\/p>\n<div>\n<p> Catherine Bosley <\/p>\n<p>Bloomberg News<\/p>\n<\/div>\n<\/div>\n<p><!----><!----><\/aside>\n<p><!----><\/p>\n<div aria-hidden=\"true\" class=\"TheArticle_printFooter_2q7yt\">\n<p> \u00a9 2022 The Bureau of National Affairs, Inc. <\/p>\n<p>All Rights Reserved<\/p>\n<\/div>\n<p><!----><\/div>\n\n<br \/><a href=\"https:\/\/news.bloomberglaw.com\/bankruptcy-law\/credit-suisse-offers-to-buy-3-billion-francs-of-its-own-debt\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oct. 7, 2022, 5:18 AM Credit Suisse Group AG is offering to buy back debt securities for cash worth approximately 3 billion Swiss francs ($3 billion), just as the embattled lender tries to put the finishing touches on a planned overhaul. \u201cThe transactions are consistent with our proactive approach to managing our overall liability composition &hellip;<\/p>\n","protected":false},"author":1,"featured_media":36055,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[161],"tags":[],"_links":{"self":[{"href":"http:\/\/www.brandon.ddtest.info\/multisite-test\/wp-json\/wp\/v2\/posts\/36054"}],"collection":[{"href":"http:\/\/www.brandon.ddtest.info\/multisite-test\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.brandon.ddtest.info\/multisite-test\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.brandon.ddtest.info\/multisite-test\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.brandon.ddtest.info\/multisite-test\/wp-json\/wp\/v2\/comments?post=36054"}],"version-history":[{"count":0,"href":"http:\/\/www.brandon.ddtest.info\/multisite-test\/wp-json\/wp\/v2\/posts\/36054\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.brandon.ddtest.info\/multisite-test\/wp-json\/wp\/v2\/media\/36055"}],"wp:attachment":[{"href":"http:\/\/www.brandon.ddtest.info\/multisite-test\/wp-json\/wp\/v2\/media?parent=36054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.brandon.ddtest.info\/multisite-test\/wp-json\/wp\/v2\/categories?post=36054"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.brandon.ddtest.info\/multisite-test\/wp-json\/wp\/v2\/tags?post=36054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}