unicaja-banco-sede-nombre

Unicaja Banco places €500 million of perpetual debt (AT1) at 4.875%, oversubscribed by more than five times

This transaction also contributes to reinforce the institution’s solid and comfortable solvency position

10 NOV 2021

1 Min reading

Unicaja Banco has placed today an issue, aimed at institutional investors, of perpetual preferred securities (Additional Tier 1- AT1) for an amount of €500 million, with a demand exceeded by more than five times, at a rate of 4.875%.

 

The strong demand from investors has made it possible to reduce the cost of securities by more than 30 bps, down to 4.875%, as the investor base showed great interest, with a strong demand reached in four hours and exceeding €2,600 million. Orders were received from more than 250 investors, both international and domestic. This is an issue of perpetual preferred securities, with the possibility of early redemption.

 

This transaction also contributes to reinforce the institution’s solid and comfortable solvency position.

 

Barclays has collaborated in the transaction as global coordinator, and the banks BBVA, Credit Suisse and Deutsche Bank, as managers for the placing. These securities are expected to be listed on the fixed income AIAF market.

  • Institucional

Noticias relacionadas

Fundación Caja Duero and Unicaja Banco inaugurate in Salamanca an exhibition of artwork by teachers and pupils of San Eloy School

Fundación Caja Duero and Unicaja Banco inaugurate in Salamanca an exhibition of artwork by teachers and pupils of San Eloy School

The exhibition features 57 works by 34 outstanding artists 14 SEPT. 2022
Read news
Unicaja Banco sponsors Mérida Farinato Race, which expects participation of athletes from several Spanish regions

Unicaja Banco sponsors Mérida Farinato Race, which expects participation of athletes from several Spanish regions

An obstacle course through extremely tough terrains which will be held on 10 and 11 September and which will test the participants’ ability, dexterity, limits and capacity for self-improvement 09 SEPT. 2022
Read news
Unicaja Banco collaborates once again with eCongress Málaga, a benchmark event for digital marketing and e-commerce professionals

Unicaja Banco collaborates once again with eCongress Málaga, a benchmark event for digital marketing and e-commerce professionals

Unicaja Banco supports, as the only sponsoring financial institution, the tenth edition of eCongress Málaga, an event on e-commerce, social media and digital marketing which will take place this Saturday 10 September at Malaga Trade Fair and Congress Center (Fycma). 06 SEPT. 2022
Read news

For Unicaja Banco S.A., the holder of the web page, it is important to adapt to your tastes and preferences, for which we use own and third-party cookies, that gather connection data that may be linked to your registration user name, the purpose of which is to measure traffic and user interaction with the web page, to help to improve operation of the web content, as well as the services and products offered, preparing behaviour profiles, while always protecting your privacy. You may transparently choose the configuration that suits you best, without that causing any change in your usual operations.