Abanca optimises capital structure with new AT1

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Abanca optimises capital structure with new AT1

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Geldscheine und Münzen vor der Nationalflagge Spaniens | Boris Zerwann/Zerbor - stock.adobe.com

Spain’s Abanca sold the year’s first subordinated deal in euros on Thursday, when it issued a perpetual non-call 5.5 year additional tier one (AT1) bond to help optimise its capital structure.

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