COCO Bondholder

From Open Risk Manual

Definition

COCO Bondholder. Holder of bank bonds which convert to equity holdings in a bank (Contingent Convertible).


Issues and Challenges

These equity holdings, when they exist, will confer upon the holder some de jure controlling interest in the issuing entity.

Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.

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