Banco Popular issues new lower tier two in exchange offer
Banco Popular will issue a new lower tier two note as part of a liability management exercise in which it is offering to exchange three of its old tier one hybrid notes, the Spanish bank said today.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts