IFLR1000

Banco Comercial Português €635 million hybrid and debt securities exchange offer

26/5/2015
Bond/note exchange offer
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€ 653 million

$ 672.754 million

Completed

26/5/2015

Overview:

  • Banco Comercial Português has completed a public exchange offer for the acquisition of several hybrid and subordinated debt securities against its existing shares. 
  • The offer took the form of a share capital increase as well as the cancellation of previously acquired hybrid and subordinated debt securities. 

John Crabb - Journalist 

Jurisdiction:

Portugal

Deal type:

Bond/note exchange offer

Practice area:

Capital markets : Debt

Governing law:

Portugal

Industry sector:

Banking

Firm:
Morais Leitão

Party: Banco Comercial Português (Issuer)

Lawyer: Carlos Osório de Castro

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