Banco Comercial Portugues ( (GB:0RJN) ) has provided an announcement.
BCP has announced a tender offer for its EUR300 million T2 Subordinated Fixed Rate Reset Notes due December 2027, conditional on issuing new notes worth at least EUR450 million. This strategic move aims to manage the bank’s capital structure and offer liquidity to investors, potentially impacting its market positioning and stakeholder interests.
More about Banco Comercial Portugues
Banco Comercial Português, S.A. (BCP) operates in the banking industry, providing a range of financial services and products, with a focus on managing capital structure and debt profiles.
YTD Price Performance: 14.57%
Average Trading Volume: 8,243,646
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €7.89B
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