BCP hits senior market for first time in seven years

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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 ...

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