Spain's BBVA launches first AT-1 bonds issue since Credit Suisse crisis
MADRID, June 13 (Reuters) - Spain's BBVA said on Tuesday it reopened the market with the issuance of the first contingent convertible bond (Coco) since the rescue of Credit Suisse in March 2023. The bank said it aimed to raise between 750 million euros ($810.08 million) and 1 billion euros with this issuance. According to Refinitiv capital markets news service IFR, the issuance had already