NYSE:OFGBanks
A Look At OFG Bancorp’s (OFG) Valuation After Its New 2036 US$200 Million Bond Offering
Why the new 2036 bond matters for OFG Bancorp investors
OFG Bancorp (OFG) has launched a US$200 million fixed to floating rate note offering due April 1, 2036, a move that could reshape its funding mix and draw attention to its capital structure.
See our latest analysis for OFG Bancorp.
The new 2036 notes come after a softer patch for the shares, with a 30 day share price return of 6.29% decline and year to date share price return of 4.44% decline. However, the 5 year total shareholder return...