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Issues Tier 2 bond and repurchases bond maturing in 2030. | TheGreekDeal.com
Alpha Bank
Issues Tier 2 bond and repurchases bond maturing in 2030.
Alpha Bank plans to repurchase a bond with a 2030 maturity and issue a €500 million Tier 2 bond.
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Vassilios Psaltis, CEO Alpha Bank

Alpha Bank intends to issue a Tier 2 title of €500 million and repurchase a bond maturing in 2030.

In particular, the bank has instructed Barclays, BNP Paribas, Citi, Goldman Sachs Bank Europe SE, Morgan Stanley and UniCredit to act as Joint Bookrunners and to organise a series of investor calls starting today.

The €500 million Subordinated Tier 2 10.25NC5.25 bond is expected to follow in the near future, depending on market conditions.

The security is expected to be rated B1 by Moody's.

In addition, Alpha has instructed Barclays, BNP Paribas, Citi, Goldman Sachs Bank Europe SE, Morgan Stanley and UniCredit to act as Dealer Managers in connection with an offer to repurchase the €500 million, 4.250% interest rate security due February 13, 2030 

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