FC Porto raises €50 million from 3,916 investors
The club managed to achieve its target and even had more than that: total demand exceeded €72 million.
Close to 4,000 investors lent €50 million to FC Porto’s SAD. The portistas managed to reach their target and even had more than that, with total demand exceeding €72 million (1.44 times the offer).
The club’s SAD raised €25 million in the 2022-2025 bond subscription offer, attracting valid demand of more than €41 million and many small investors with the 5.25% interest rate.
Additionally, it raised another €25 million in a bond exchange offer that ran concurrently with the subscription offer, recording orders of over €30 million.
In this exchange operation, investors were able to exchange bonds from the 2021-2023 loan for new bonds, with FC Porto SAD committing to pay a premium of five cents and interest of nine cents for each bond exchanged.
