BCP surprises with ECB-approved €400m AT1 call
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FIGRegulatory Capital

BCP surprises with ECB-approved €400m AT1 call

Atanas Dinov
November 14, 2023 03:17 PM
Equestrian statue in front of the BCP Millenium bank headquarters in Porto, Portugal, Europe

◆ Portuguese lender has authorisation to redeem its only AT1 early ◆ Atypical action suggests no replacement deal ◆ Last week's red-hot AT1 reception suggests strong demand reserved for biggest banks

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Topics

Regulatory CapitalFIGEuroPortugalCrédit AgricoleEurope
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Atanas Dinov
Bank Finance Editor
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