All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group

Sabadell, Liberbank look to swap retail sub debt to senior or equity

Spain’s Banco Sabadell and Liberbank announced plans to swap retail holders of subordinated paper into equity and senior unsecured this week — and both plan mechanisms to get investors to hold the output securities for four years.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree