Bedingte Pflichtwandelanleihen : Contingent Convertible Bonds (CoCo-Bonds) zwischen Bankaufsichts-, Schuld- und Aktienrecht.

»Contingent Convertible Bonds«Contingent convertible bonds (coco bonds) are new financial instruments. The paper analyzes these instruments with respect to the EU banking regulation regime and under the German contract and stock corporation law. It shows the different ways of structuring such bonds and analyzes them from a regulatory perspective. Further, it shows options to structure an automatic conversion under German contract law and gives answers to several key questions arising under the Stock Corporation Act.