PIRAEUS BANK
Piraeus Bank has completed the sale of a portfolio of non-performing loans to a business run by Waterwheel Capital Management LP, with a gross book value of roughly €0.35 billion at the cut-off date.
25/09/24 • 08:41
Piraeus Bank is expected to issue a Tier 2 bond maturing in 11 years and callable in six years, according to Reuters.
09/09/24 • 11:59
The Competition Commission is examining Piraeus Bank acquisition of exclusive control over MIG to ascertain whether the merger notification was filed beyond the deadline.
22/05/24 • 13:26
Fitch states that the outlook upgrade reflects the assessment that the upgrade of Greece's credit rating to investment grade will benefit the operational environment of the banks.
14/12/23 • 19:27
The credit rating of Piraeus Bank has been upgraded to BB from B (high) by DBRS, with stable prospects.
07/12/23 • 11:31
The Bond has a maturity of six (6) years and an embedded issuer call option after five (5) years. Settlement will take place on 5 December 2023 and the notes will be listed on the Luxembourg Stock Exchange’s Euro MTF market
29/11/23 • 21:14
The bank raised 500 million euros, and the offers exceeded 1.6 billion euros, covering more than three times the desired amount.
28/11/23 • 14:41
The new senior preferred bond has a maturity of six years with the option for redemption after five years and will be listed on the Luxembourg Stock Exchange
28/11/23 • 11:12
The bank has engaged BNP Paribas, BofA Securities, Deutsche Bank, Goldman Sachs Bank Europe SE, Morgan Stanley, and UBS to carry out the issuance.
27/11/23 • 13:46