The $17 billion wipeout of Credit Suisse bondholders has not gone down well in Europe
Credit Suisse’s additional tier one bonds are set to be wiped out following the struggling bank’s takeover by UBS. 
Below is an instruction that describes a task. Write a response that appropriately completes the request.

### Instruction: The $17 billion wipeout of Credit Suisse bondholders has not gone down well in Europe

### Response: Credit Suisse’s additional tier one bonds are set to be wiped out following the struggling bank’s takeover by UBS. 