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Credit Suisse plans $3bn debt buyback to shore up liabilities ahead of restructuring

It is also offering to buy back 12 US dollar-denominated securities for up to $2bn

Credit Suisse said on 7 October that it is offering to repurchase debt securities for a total of close to $3bn as the troubled lender looks to manage its liabilities ahead of a touted restructuring.

The Swiss bank is offering to buy back eight euro- or pound sterling-denominated senior debt securities for a total of up to €1bn ($979.2m,) it said.

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