Banco Comercial Portugues buys back €2.25 billion floating-rate notes

By Marisa Wong

Madison, Wis., Oct. 2 – Banco Comercial Portugues, SA said it repurchased and canceled its €750 million of outstanding floating-rate notes due Dec. 5, 2014 and its €1.5 billion of floating-rate notes due Feb. 17, 2017.

The Lisbon-based bank originally issued €2.75 billion of the 2014 notes and €1.5 billion of the 2017 notes.

Both series of notes were guaranteed by the Portuguese government.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.