Banco Espirito Santo Junior Bonds Slide as Bailout Forces Losses – Bloomberg
Economic Times |
Banco Espirito Santo Junior Bonds Slide as Bailout Forces Losses
Bloomberg Banco Espirito Santo SA's junior bonds tumbled to a record after the lender's 4.9 billion-euro (.6 billion) bailout left holders facing losses they're struggling to quantify. The Bank of Portugal will take control of Banco Espirito Santo's assets and deposit-taking … Portugal's Bonds Lead Gains as BES Bailout Seen as Isolated Case European stocks flat after Portugal bank bailout Banco Espírito Santo junior bonds tumble |
