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Published on 11/10/2021 in the Prospect News High Yield Daily.

Banco Comercial Portugues offers €300 million 10.5-year tier 2 notes

By Marisa Wong

Los Angeles, Nov. 10 – Banco Comercial Portugues SA will price €300 million of 10.5-year non-callable 5.5-year fixed-rate reset subordinated tier 2 notes, according to a notice on Wednesday.

The company announced on Tuesday that it had mandated Credit Suisse, Goldman Sachs Bank Europe SE, JPMorgan and Millennium BCP as joint lead managers for the proposed issuance.

The bank is based in Porto, Portugal.


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