Eurobank
Issues senior preferred bond
The issuance is expected to be rated Ba1 (positive outlook) by Moody's, BB- (positive outlook) by S&P, and BB (stable outlook) by Fitch.
Fokion Karavias, CEO, Eurobank
Eurobank has instructed Barclays, Citigroup, Deutsche Bank, Nomura, and Société Générale to organize investor calls starting today for the issuance of a Senior bond.
The issuance is expected to be rated Ba1 (positive outlook) by Moody's, BB- (positive outlook) by S&P, and BB (stable outlook) by Fitch.
The issuance will take place in the near future, depending on market conditions, and the related presentation will be made available to investors.
It is noted that Eurobank's new entry into the markets comes against the backdrop of the impressive demand witnessed for the 22% stake offering in the National Bank held by the Hellenic Financial Stability Fund last week, which was oversubscribed over eight times.
READ ALSO