Bond TAP Portugal 4.375% ( PTTAPBOM0007 ) in EUR

Issuer TAP Portugal
Market price 100 %  ▲ 
Country  Portugal
ISIN code  PTTAPBOM0007 ( in EUR )
Interest rate 4.375% per year ( payment 2 times a year)
Maturity 22/06/2023 - Bond has expired



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Minimal amount 1 000 EUR
Total amount 200 000 000 EUR
Detailed description TAP Air Portugal is a Portuguese flag carrier airline headquartered in Lisbon, offering passenger and cargo services to destinations worldwide.

An analysis of the matured bond, identified by ISIN PTTAPBOM0007, reveals its successful redemption by TAP - Transportes Aéreos Portugueses SGPS S.A., the Portuguese national airline holding company. This bond, issued in Portugal and denominated in EUR, carried an annual interest rate of 4.375%, with payments distributed semi-annually from its total issue size of EUR 200,000,000, available for a minimum purchase of EUR 1,000. Having reached its maturity date on June 22, 2023, the bond was reported at a market price of 100% and has since been fully repaid to bondholders, concluding its lifecycle within the capital markets.