Brief: Millennium BCP To Issue 500 Mln Euro Senior Preferred Debt Securities

Banco Comercial Portugues, SA

30/01/2026 07:10

Jan 30 (Reuters) - Banco Comercial Portugues BCP.LS:

SAID ON THURSDAY, IT HAS FIXED THE TERMS FOR A NEW ISSUE OF 500 MILLION EURO SENIOR PREFERRED DEBT SECURITIES ELIGIBLE TO MREL

TENOR OF 6 YEARS AND 3 MONTHS, WITH OPTIONAL EARLY REDEMPTION ON MAY 5, 2031

ISSUE PRICE OF 99.990%

ANNUAL INTEREST RATE OF 3.250% UNTIL OPTIONAL REDEMPTION DATE

AFTER OPTIONAL REDEMPTION DATE, ANNUAL INTEREST RATE SETS AT 3-MONTH EURIBOR AND 0.72% SPREAD

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