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Published on 2/22/2024 in the Prospect News High Yield Daily and Prospect News Investment Grade Daily.

DBRS assigns AA to Banco BPI bonds

DBRS said it assigned an AA rating to Banco BPI SA’s €500 million of series 26 obrigacoes cobertas to be sold under the bank’s Portuguese covered bond program. The fixed-rate bonds have a 3.25% coupon and mature on March 22, 2030.

The agency said it currently rates all bonds sold under the program AA.


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