Brief: Procredit Holding Completes EUR 150 Mln AT1 Issuance
29/05/2026 11:58
BRIEF-Procredit Holding Completes EUR 150 Mln AT1 Issuance May 29 (Reuters) - PROCREDIT HOLDING AG PCZ.DE:
COMPLETES EUR 150 MILLION INAUGURAL AT1 ISSUANCE
AT1 SECURITIES BEAR A FIXED COUPON OF 8.000%
PAYABLE ANNUALLY UNTIL 3 DECEMBER 2031
PROCREDIT GROUP'S TIER 1 CAPITAL RATIO IS EXPECTED TO INCREASE BY APPROXIMATELY TWO PERCENTAGE POINTS TO 14.9%
INTEREST RATE RESETS EVERY 5 YEARS FROM DEC 3, 2031 AT SWAP RATE PLUS 5.2%
Source text: ID:nEQ671mDxa
Further company coverage: PCZ.DE
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