By Emese Bartha
Portugal hired banks for the syndicated launch of a new June 2054-dated government bond, with the transaction expected to be launched and priced in the near future, subject to market conditions, one of the banks said Tuesday.
The new bond will lengthen the Portuguese bond curve by two years as currently the longest-dated bond has a maturity date in 2052.
The banks hired as joint lead managers are BBVA, BNP Paribas, BofA Securities, Deutsche Bank, NovoBanco and Santander.
Write to Emese Bartha at emese.bartha@wsj.com
(END) Dow Jones Newswires
05-21-24 0647ET
