ENXTLS:BCPBanks
Does €500m Senior Notes Issue Reshape the Bull Case For Banco Comercial Português (ENXTLS:BCP)?
In late January 2026, Banco Comercial Português, S.A. completed a €499.95 million fixed-income offering of callable, senior preferred fixed-to-floating rate notes due 2032, priced at 99.99% of face value with a variable coupon.
This sizeable bond issuance highlights the bank’s ability to tap wholesale markets for flexible funding that can influence its balance sheet structure and future financing capacity.
We’ll now examine how this recent wholesale funding move, via the fixed-to-floating...