BCP hits senior market for first time in seven years

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? Login