Banco Comercial Portugues (GB:0RJN) has released an update.
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Banco Comercial Português announces its decision for the early redemption of its ‘EUR350,000,000 Senior Preferred Fixed to Floating Rate Notes due October 2025’ ahead of maturity. The redemption is set for October 25, 2024, and will include the full outstanding principal amount plus accrued interest. This strategic financial move aims to manage the bank’s debt more effectively.
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