Caixa Geral adds Portuguese sub debt to big FIG pipeline

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Caixa Geral adds Portuguese sub debt to big FIG pipeline

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Portugal and EU flags fly outside a branch of Portuguese bank Caixa Geral de Depositos in Berlin, Germany, 04 June 2012. Like Spain before it, Portugal is now forced to prop up its banks with federal financial aid as well. Photo: CLAUDIA LEVETZOW | Claudia Levetzow/DPA/PA Images

Portugal’s Caixa Geral de Depósitos is lining up a tier two transaction, as bankers look forward to the reopening of primary markets in Europe.

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