Azores set for capital markets return

By Burhan Khadbai
04 Jul 2019

The autonomous region of Azores mandated two banks on Thursday for its first visit to the debt capital markets since 2016 and what could be its largest ever bond.

Beka Finance and Crédit Agricole will lead the 10 year euro transaction which will be issued “with a size of up to €223.5m”, according to the mandate announcement.

In addition to being an infrequent issuer, Azores has never raised a substantial amount in the capital markets. Its biggest ...

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