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Banco Comercial Português Announces Results of Bond Acquisition Offer

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Banco Comercial Portugues ( (GB:0RJN) ) has shared an update.

Banco Comercial Português, S.A. has announced the results of its offer solicitation for the acquisition of its EUR300,000,000 4.50% T2 Subordinated Fixed Rate Reset Notes, due in December 2027. The bank received valid sale offers totaling EUR79,500,000, which have been accepted in full, indicating a strategic move to manage its debt portfolio effectively.

More about Banco Comercial Portugues

YTD Price Performance: 24.35%

Average Trading Volume: 7,960,377

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €8.74B

For a thorough assessment of 0RJN stock, go to TipRanks’ Stock Analysis page.

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