Co-op bondholders call in Moelis & Co

The investment banking firm is advising a group of bondholders in the embattled UK bank ahead of a planned capital restructuring

Investment banking firm Moelis & Co has been hired by a group of bondholders in the Co-operative Bank to help advise on the UK company's impeding capital restructuring.

Moelis is advising a group of lower Tier 2 debt holders, according to two sources familiar with the situation.

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