06-05-2025
- Business
- Wall Street Journal
Portugal's Novo Banco Aims for June IPO, CEO Says
May 6, 2025 6:57 am ET
Novo Banco headquarters in Lisbon. The lender was getting ready to list on Lisbon's stock exchange next month.
Photo: patricia de melo moreira/Agence France-Presse/Getty Images
Novo Banco is getting ready to list on Lisbon's stock exchange next month despite the unsteadiness in global markets fueled by trade war concerns.
The Portuguese lender, which has been preparing for an initial public offering since February, has cleared its last internal hurdle and is currently drafting a prospectus.
