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0 0.00119308013521579 -0.000198846689202585 -0.00039769337840517 -0.00039769337840517 -0.00039769337840517 -0.00039769337840517 -0.00039769337840517
Stock impact report

Popular, Inc. Announces Redemption of Senior Notes

Popular, Inc. (BPOP) 
Last popular, inc. earnings: 4/30 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: popular.com/en/investor-relations
Company Research Source: Business Wire
SAN JUAN, Puerto Rico--(BUSINESS WIRE)-- Popular, Inc. (“Popular”) (NASDAQ: BPOP) announced today that it has delivered a redemption notice to The Bank of New York Mellon to redeem, on October 15, 2018, all outstanding $450,000,000 7.000% Senior Notes due 2019 issued by Popular (“2019 Notes”). The redemption price for the 2019 Notes will be the sum of the present values of the remaining scheduled payments of principal and interest on the 2019 Notes to be redeemed that would be due after the Redemption Date and on or prior to June 1, 2019 (exclusive of any interest accrued to the Redemption Date), discounted to the Redemption Date on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 50 basis points, plus in each case unpaid interest, if any, accrued to, but not including the Redemption Date (the “Redemption Price”). Capitalized terms used herein, and not Show less Read more
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