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Portugal Pulse: Portugal News / Expats Community / Turorial / Listing

BCP anticipates the repayment of 500 million euros in debt.

“The early redemption of the ‘notes’ will take place on the early redemption date specified in their final terms, October 2, 2025, for their outstanding principal amount plus accrued interest,” states a statement sent today to the Portuguese Securities Market Commission (CMVM).

The senior preferred fixed to floating rate notes were issued on October 2, 2023, and were initially scheduled to end in October 2026.

These ‘notes’ are identified by the code PTBCP2OM0058.

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