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EquityEquity - Follow-ons and Rights issues

BCP finishes €1.33bn oversubscribed rights issue to repay government CoCo bonds

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Shares in Banco Comercial Português rose as much as 9.3% on Monday after it announced late on Friday the successful completion of its €1.33bn rights issue to strengthen its core tier one capital ratio and finance the redemption of contingent convertible bonds owned by the Portuguese government.

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