FC Porto Calls for €40 Million From Investors, Interest Goes up if It's Champion and Gets to Champions
8 Articles
8 Articles
FC Porto SAD today announced a bond loan of up to 40 million euros, with annual gross interest of 5.25%, which can reach 6% due to the sports success of the main football team.
FC Porto SAD opens a four-year bond issue on 2 November. The money serves to repay another €55 million debt issue due in December
FC Porto SAD today announced a bond loan of up to 40 million euros, with annual gross interest of 5.25%, which can reach 6% due to the sports success of the main football team.
The operation notified to the Market and Securities Committee includes a fixed base rate of 5.25% per year which may increase according to the sporting success of the professional football team.
FC Porto has launched a bond loan of up to 40 million euros, with interest rate of 5.25% linked to sports success. The content FC Porto launches bond loan of 40 million euros appears first in Bola on the Network.
The SAD of the Football Club of Porto will issue up to 40 million euros in bonds to four years. The interest base is 5.25% and can be increased according to the sports performance, up to a maximum of 6%.
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