Sabadell reducirá sus costes de financiación tras la venta de TSB
El banco amortizará emisiones de capital por exceso de recursos. El mercado apuesta por la liquidación directa de los 750 millones de su CoCo de 2027. Leer
Sabadell is set to lower its financing costs following the sale of TSB, according to recent reports. The bank plans to dispose of its 750 million euro CoCo due in May 2027 without refinancing it, which would be the first time it has done so in its history. This move is seen as a significant step by the market and would help Sabadell reduce its debt burden and costs.
The bank currently holds over 3.18% in AT1 (convertible) debt, which is the most expensive type of debt a bank can have. By putting its finances in order, Sabadell aims to adapt to its new situation and optimize its resources. The move is expected to reduce the bank's capital requirements, and the regulatory approval is still pending.
Written by urgent.news from Expansion ES's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
