Eurobank preferred bond issue covered by roughly 1.5 times
The development is viewed as a vote of confidence for the Greek lender, one of four systemic banking groups in Greece, as well as the national economy
- Washington Post: Αιμοραγεί ο Ισραηλινός στρατός – «Προτιμώ την οικογένειά μου από τον πόλεμο»
- Διακινούσαν υλικό παιδικής πορνογραφίας στο διαδίκτυο - Πλάνα σοκ με κακοποίηση νηπίων
- Ακρίτα: Αν εκλεγεί ο Πολάκης, θα παραδώσω την έδρα στον ΣΥΡΙΖΑ και θα πάω σπίτι μου
- Τηλεφωνική επικοινωνία Πούτιν και Ερντογάν – Τι είπαν για τις εμπορικές σχέσεις
Eurobank successfully floated a 500-million-euro senior preferred bond issue on Tuesday, with offers totaling roughly 800 million euros.
The development is viewed as a vote of confidence for the Greek lender, one of four systemic banking groups in Greece, as well as the national economy.
The 6.5-year bond expires on March 14, 2028, and offers a yield of 2.375 percent and a coupon of 2.25 percent.
It was the second senior preferred bond issue floated this year, and is callable after 5.5 years.
According to Reuters, the bond is expected to be rated ‘Caa1’ by Moody’s, ‘B+’ by S&P and ‘B-‘ by Fitch.
Ακολουθήστε το in.gr στο Google News και μάθετε πρώτοι όλες τις ειδήσεις