Bahrain Court rejects all 7 CS AT1 claims against HDFC Bank
HDFC Bank said Bahrain Court rejected claims in all seven proceedings by investors in Credit Suisse Additional Tier 1 bonds against the bank, after examining the investors’ allegations and evidence.
HDFC Bank Ltd said on Thursday, September 10, that the Bahrain Court rejected claims in all seven proceedings brought by investors in Credit Suisse Additional Tier 1 (CS AT1) bonds against the bank. The lender said the court reached its decision after reviewing the allegations and the evidence placed before it.