trending Market Intelligence /marketintelligence/en/news-insights/trending/PK650-906wWtKQdqQtSBWQ2 content esgSubNav
In This List

Ibercaja issues €500M in fixed-rate subordinated notes

Podcast

Street Talk | Episode 98: Regulatory scrutiny having cooling effect on community bank M&A

Blog

Insight Weekly: M&A outlook; US community bank margins; green hydrogen players' EU expansion

Podcast

Street Talk | Episode 97: Recessionary fears still keeping bank investors on the sidelines

Blog

Making sanctions effective: Key themes for banks


Ibercaja issues €500M in fixed-rate subordinated notes

Spanish lender Ibercaja Banco SA has issued €500 million in fixed-rate reset subordinated notes, the bank said in a filing to Spain's stock market regulator.

The notes have a fixed annual interest rate of 2.75% to July 23, 2025. After that date, the interest will be calculated by applying a margin of 2.882% to the five-year midswap rate, the benchmark of euro-denominated fixed-income issues.

The notes will become due in July 2030, but Ibercaja has an option to redeem them early in July 2025, the filing said.