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Name | Symbol | Market | Type |
---|---|---|---|
Bibm Preferents | LSE:90KT | London | Bond |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
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0.00 | 0.00% | 0 | - |
RNS Number:8194A BIBM Preferents Ltd 25 July 2007 "Euro 60,000,000 Series A Euro CMS Linked Non-Cumulative Perpetual Guaranteed Preference Shares issued by BIBM Preferents Ltd. and trading on the United Kingdom Professional Securities Market The Euro 60,000,000 Series A Euro CMS Linked Non-Cumulative Perpetual Guaranteed Preference Shares issued by BIBM Preferents Ltd. are guaranteed by Banc Internacional D'Andorra S.A., a company incorporated under the laws of Andorra. The terms and conditions of the guarantee are described in a subordinated guarantee dated 26 June 2006 executed and delivered by Banc Internacional D'Andorra S.A, On this date, the shareholders of Banc Internacional d'Andorra, S,A. and Andorra Banc Agricol Reig, S.A. have formalised a process to integrate Banc Internacional d'Andorra, S.A and Andorra Banc Agricol Reig, S.A. in order to achieve higher levels of equity strength, profitability and efficiency, which has been carried out by means of a Share swap between the shareholders of Banc Internacional d'Andorra, S.A and the shareholders of Andorra Banc Agricol Reig, S.A,, who exchanged their respective shares in Banc Internacional d'Andorra, S.A and Andorra Banc Agricol Reig, S.A. Moreover, for the purposes of simplifying the corporate structure, the shares of Andorra Banc Agricol Reig, S.A. will subsequently be contributed to Banc Internacional d'Andorra, S.A. The shareholders of Banc Internacional d'Andorra, SA and Andorra Banc Agricol Reig, S.A. will have to obtain the required authorisations and registration in accordance with the applicable Andorran regulations." This information is provided by RNS The company news service from the London Stock Exchange END MSCEAEXSASEXEFE
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