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BRIEF-Banco BPM to launch 640 mln euro buy-back for junior bonds
March 16, 2017 / 7:28 PM / 7 months ago

BRIEF-Banco BPM to launch 640 mln euro buy-back for junior bonds

March 16 (Reuters) - Banco BPM says:

* Plans to launch an offer worth around 640 million euros to buy back Lower Tier II bonds issued by Banco Popolare and due November 18, 2020

* The buy-back will start on March 20 and end April 7

* Bonds will be purchased at a price of 105 percent Further company coverage: (Reporting by Milan newsroom)

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