BCP Finance calls €500 million series D perpetual preference shares

By Marisa Wong

Morgantown, W.Va., Sept. 12 – BCP Finance Co. issued a notice of optional redemption for its €500 million series D perpetual non-cumulative guaranteed non-voting step-up preference shares, according to a news release.

The preference shares will be redeemed in full on Oct. 13, the dividend date for the series D preference shares.

Payment of the redemption price, €50,000 per preference share plus accrued dividends to the redemption date and any additional amounts, will be made on Oct. 15.

BCP Finance is a Cayman Islands-based subsidiary of Banco Comercial Portugues SA. The bank is based in Porto, Portugal.

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