European Banks Swarm Dollar Market For AT1 Debt: Credit Weekly

(Bloomberg) — European banks have turned to the US dollar market to sell almost $8 billion of bonds that help them boost capital levels. Investors hunting for higher coupons want even more.Most Read from BloombergTrump Targets $128 Billion California High-Speed Rail ProjectTrump to Halt NY Congestion Pricing by Terminating ApprovalTrump Asserts Power Over NYC, Proclaims ‘Long Live the King’Airbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsSorry, Kids: Disney’s New York Headquarters Is