|Bid||9.070 x 238100|
|Ask||9.155 x 30000|
|Day's range||9.070 - 9.150|
|52-week range||5.980 - 9.445|
|PE ratio (TTM)||10.72|
|Earnings date||26 Oct 2017|
|Forward Dividend & Yield||0.00 (0.00%)|
|1y target est||9.56|
Novo Banco's liability management exercise is hanging in the balance after investors holding just nine of the 36 series of targeted notes accepted the offer made by the state-backed Portuguese bank. Portuguese authorities have said that the deal is a necessary condition of the bank's sale to US investor Lone Star. The nine notes represent €2.34bn, or 28%, of the senior debt targeted, by face value.
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