Brief: Bankinter To Issue 500 Mln Euro Perpetual Securities Potentially Convertible

BANKINTER

18/06/2025 17:10

June 18 (Reuters) - Bankinter SA BKT.MC:

AGREES ISSUE OF PERPETUAL SECURITIES POTENTIALLY CONVERTIBLE INTO NEWLY ISSUED ORDINARY SHARES FOR TOTAL OF 500 MILLION EUROS

REMUNERATION OF SECURITIES SET AT 6.000% PER ANNUM UNTIL DEC 30, 2030

ISSUE WITHOUT PRE-EMPTIVE SUBSCRIPTION RIGHTS FOR SHAREHOLDERS

ONCE DISBURSED, SECURITIES EXPECTED TO BE ELIGIBLE AS ADDITIONAL TIER 1 CAPITAL

ISSUE AIMED SOLELY AT QUALIFIED INVESTORS

IT WILL SUBSEQUENTLY BE REVIEWED BY APPLYING A MARGIN OF 385.6 BASIS POINTS TO THE 5-YEAR MID-SWAP RATE

Source text: ID:nCNM2WhTT0

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