Credit Suisse (CS) reports 97% of subscription rights for $1.94B in convertible bonds were...

|About: Credit Suisse Group AG (CS)|By:, SA News Editor

Credit Suisse (CS) reports 97% of subscription rights for $1.94B in convertible bonds were exercised - "A significant vote of confidence from both our new and existing investors." says CEO Brady Dougan. More than half of the notes were owned by strategic investors such as Qatar, Temasek, and BlackRock.