Bank of Cyprus opco switch cleans up T2

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Bank of Cyprus opco switch cleans up T2

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Famagusta, Turkish Republic of Northern Cyprus. Corinthian columns and sculptures at bath complex in ancient city Salamis ruins. Sunny day, blue sky. | lermont51 - stock.adobe.com

Bank of Cyprus has picked banks to arrange the refinancing of some of its subordinated operating company debt with a new tier two, which it will issue from the holding company level.

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