Spain based Commercial Bank Banca March S. A. has finalised a private placement in the EUR Fixed Rate Paella Bond market. The financing matures in 2028 and was executed by a single dealer.
A Paella bond is an EUR-denominated bond issued by a Spanish entity in the Spanish Domestic Bond market.
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Issuer Details | |
Issuer | Banca March S. A. |
LEI | 959800LQ598A5RQASA61 |
Industry | Bank - Commercial |
Country | Spain |
Issuer Description | Banca March was founded by Majorcan businessman Juan March Ordinas and opened for business on 1st April 1926. The first branch was opened in central Palma in Calle San Miguel, number 11, in a building which stands out for its great architectural beauty. Today, this building not only houses this branch but also the Museo de Arte Español Contemporáneo, which is under the management of the Fundación Juan March .. Banca March is a Spanish family-owned bank headquartered in Palma de Mallorca. |
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Trade Details | |
Security Type | Bond |
Amount | EUR [Login to see full details] |
Total Amount including taps | EUR [Login to see full details] |
Total Amount Outstanding | EUR [Login to see full details] |
Total Order Book | EUR [Login to see full details] |
Structure | Fixed Rate |
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A Paella bond is an EUR-denominated bond issued by a Spanish entity in the Spanish Domestic Bond market.
Check here for all issuer’s year to date financings.