March 28, 2018 / 4:46 PM / 7 months ago

BRIEF-Portugal's Novo Banco posts record 2017 loss

March 28 (Reuters) -

* PORTUGAL’S NOVO BANCO, OWNED BY LONE STAR, POSTS RECORD 2017 NET LOSS OF 1.4 BILLION EUROS

* PORTUGAL’S NOVO BANCO CAPITAL RATIO AT END-2017 AT 12.8 PERCENT PHASED-IN

* PORTUGAL'S NOVO BANCO SAYS ACTIVATED CONTINGENCY CAPITAL MECHANISM TO RECEIVE 791.7 MILLION EUROS AT END-2017 Source text for Eikon: [bit.ly/2GeZUTa] (Reporting by Andrei Khalip)

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