Unicaja Banco Approves Significant Bondholder Remuneration

Story Highlights
Unicaja Banco Approves Significant Bondholder Remuneration

Unicaja Banco SA ( (ES:UNI) ) just unveiled an announcement.

Unicaja Banco SA’s Board of Directors has approved a significant remuneration payment to holders of its Perpetual Bonds, Contingently Convertible, amounting to 49,340,987 euros for the period between March 29, 2024, and March 28, 2025. Cecabank, S.A., will act as the Payment Agent Entity, ensuring the distribution of this payment among the bondholders, reflecting Unicaja’s commitment to its financial obligations and potentially impacting its financial standing and stakeholder relations.

More about Unicaja Banco SA

YTD Price Performance: 36.05%

Average Trading Volume: 100

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $4.44B

See more insights into UNI stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App