Banco Popular Español

By Gerald Hayes
04 Oct 2013

Rating: unrated

Amount: €500m of additional tier one capital, converts to equity if the issuer breaches a 5.125% common equity tier one capital ratio, a 6% tier one ratio, or suffers losses for four consecutive quarters reducing capital and reserves by a third

Maturity: perpetual

Issue/re-offer price: 100.00

Coupon: 11.5%

Launched: Thursday October 3

Payment ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial