BCP hits senior market for first time in seven years

By Tyler Davies
05 Feb 2021

Banco Comercial Portugues made a rare foray into the senior market on Friday, enticing investors with a bit of extra yield on its speculative grade transaction.

The Portuguese bank said on Thursday that it was looking to launch a €500m six year non-call five deal in preferred senior format. 

Bookrunners Bank of America, Crédit Agricole, Credit Suisse, Deutsche Bank and Millennium BCP began the sale a day later, with price thoughts in the ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial