01.05.2014 18:14:00
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Moody's requests comment on proposed methodology for rating bank coco bonds
New York, May 01, 2014 -- Moody's Investors Service is requesting comments from market participants on its proposed methodology for rating bank contingent capital securities ("CoCo's). The Request for Comment is titled, "Moody's Proposed Approach for Rating Bank 'High Trigger' Contingent Capital Securities and Revisions to Framework for Rating Non-viability Contingent Capital Securities."