118773. Alton [5.188.211.21] 16 Feb 2018 - 10:59 |
I'm about to run out of credit propecia generic finasteride Bond investors were left fuming when banks refused to callhybrid capital securities at the first opportunity, as hadpreviously been the norm. These securities had been structuredto provide borrowers with an economic incentive to call, so fiveyears from maturity, typically, the coupon changed to aLibor/Euribor plus a spread. But after the crunch with seniordebt expensive and rationed, and prevailing low interest rates,the incentive to call was not there.
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