ENXTLS:BCPBanks
A Look At Banco Comercial Português (ENXTLS:BCP) Valuation After Its €499.95 Million Bond Issuance
Bond issuance sets the scene for Banco Comercial Português stock
Banco Comercial Português (ENXTLS:BCP) has just raised about €499.95 million through Fixed to Floating Rate Senior Preferred Notes due 2032, a move that reshapes its funding mix and liquidity profile.
This new callable, senior, variable rate bond, issued at 99.99% of its €500 million principal, gives investors another way to assess the bank’s balance sheet strength alongside its shares.
See our latest analysis for Banco...