Spain’s CaixaBank to redeem €1 billion subordinated notes on Feb. 15

By Mary-Katherine Stinson

Lexington, Ky., Jan. 2 – CaixaBank, SA is calling its Bankia €1 billion 3.75% tier 2 subordinated fixed reset notes due February 2029 (ISIN: XS1951220596), according to a notice.

The outstanding notes will be redeemed on the optional redemption date of Feb. 15 at their principal amount plus accrued interest.

CaixaBank has obtained consent from the European Central Bank for the redemption.

The banking and financial services group based in Barcelona, Spain.

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