Bank of Cyprus proceeds with an early redemption of a EUR 300 million bond

The Bank issued the Bonds on 24 June 2021. The Bonds mature on 24 June 2027 and include an early redemption option by the issuer on 24 June 2026.

Bank of Cyprus proceeds with an early redemption of a EUR 300 million bond

This article is an AI translation of an original piece published in Greek. Read original

Bank of Cyprus Holdings Public Limited Company (together with its subsidiary, Bank of Cyprus Public Company Limited (the “Bank”), and together with the Bank’s subsidiaries, the “Group”) announces today that the Bank has decided to exercise its right to early redemption of the outstanding amount of the €300 million Fixed Rate Resetting Senior Notes , maturing in 2027 (ISIN: XS2355059168), on June 24, 2026.

The Bank issued the Bonds on June 24, 2021. The Bonds mature on June 24, 2027, and include an early redemption option for the issuer on June 24, 2026, subject to applicable regulatory approvals.

The relevant notice of early redemption will be sent by the Bank to the holders of the Bonds in a timely manner and in accordance with Condition 5(d) of the Bonds.

Authorization for the early redemption of the Bonds was granted by the Single Resolution Board, as the Competent Resolution Authority, on December 10, 2025.

 

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