It stands for principal write-down; a write down of the principal of a contingent convertible bond (CoCo bond) upon occurrence...
A write down of the principal of a contingent convertible bond (CoCo bond) upon occurrence of a trigger event. In...
It stands for principal write-down contingent convertible (CoCo); a contingent convertible in which the principal is written down (as a...
It stands for principal write-down contingent convertible (CoCo); a contingent convertible in which the principal is written down (as a...