Novo Banco to redeem €300 million of 3½% fixed/floating-rate notes

By Mary-Katherine Stinson

Lexington, Ky., June 20 – Novo Banco SA will redeem all outstanding notes of its €300 million 3½% fixed/floating-rate callable senior preferred notes due 2024 (ISIN: PTNOBIOM0014), according to a notice.

The notes will be called at par plus interest on July 23.

The notes will be delisted from Euronext Dublin effective on or around the redemption date.

Novo Banco is the paying agent. The notes’ redemption will be effected through Central de Valores Mobiliarios.

The bank is based in Lisbon.

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