Reuters logo
4 years ago
BPE tightens guidance on Additional Tier 1
October 3, 2013 / 10:22 AM / 4 years ago

BPE tightens guidance on Additional Tier 1

1 Min Read

LONDON, Oct 3 (IFR) - Order books on Banco Popular Espanol's Additional Tier 1 perpetual non-call five-year issue, the first of its kind in euros, are over EUR1.5bn according to the lead managers.

Price guidance has been revised to 11.5% from the initial 11.75% area for the EUR500m deal via Bank of America Merrill Lynch, Barclays, Santander and UBS.

Books will close at 11.30 UK time. (Reporting by Helene Durand; editing by Alex Chambers)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below