The Greek Deal.com
BUSINESS
Dismissal of reports
GEK Terna denies reports of acquiring subsidiary Terna Energy
GEK Terna “categorically denies” “unsubstantiated market rumors and relevant press reports” claiming that it plans to acquire Terna Energy.
Alpha Bank
Some 2.8 million stock option rights exercised
Alpha Bank says that 2,789,104 stock option rights were exercised with a nominal value of 0.29 euros per share.
EPC contract
Mytilineos signs 373MW solar contract in UK; Valued at 114.1m pounds
Mytilineos signs a contract for a 373MW solar park in the United Kingdom with Quinbrook Infrastructure. The project is Cleve Hill Solar Park and it is currently the UK’s largest consented solar project.
Electricity market
PPC's retail market share drops sharply in Sept due to HV losses
Independent Power Producers’ share in retail market rises to 45.9%, with GEK-Terna’s Heron ranking first with 11.8%, followed by Mytilineos’ Protergia with 7.9% and Elpedison with 6.17%.
HFSF
Eurobank to complete buyback of HFSF's 1.4% stake next week-Reports
Eurobank is reportedly set to complete the buyback of HFSF’s 1.4% stake at 1.80 euros per share next week. The stake corresponds to some 52 million shares.
NBG draws 500m euros via Tier 2 bonds
NBG places 500m euros Tier 2 bonds; Priced-to-yield 8%
National Bank tapped debt markets for 500 million euros 10.25NC5.25 Tier 2 bonds. The coupon came in at 8.0%. The notes contribute around 136 bps to the NBG’s total capital and increases its MREL to 23.85%, 116 bps above its January 2024 interim target.
None
Orderbooks for NBG's Tier 2 exceed 1.4b euros; Coupon at 8%-Reports
None
Optima Bank sets price range for IPO at 6.40-7.20 euros
Optima Bank sets price range for IPO at 6.40-7.20 euros
None
None
Cenergy wins 10m euros contract for FSRU unit in Italy
None
None
NBG opens order books for Tier 2 issue; IPTs at 8.375%
None
None
NBG mandates six intl banks for 10.25-year Tier 2 debt
None