The Greek Deal.com
PIREAUS BANK
Offers of €2.7 billion for the Tier 2 bond
Piraeus Bank's Tier 2 bond maturing in 11 years and callable in six years, with a coverage of €2.7 billion and the bank raising €650 million, has closed the tender book.
Profitability at €333 million in the second quarter
Piraeus Bank reported a historically high smoothed profit of €333 million in the second quarter, with €0.26 earnings per share, up 42% year-on-year.
Bidding book for the Green Bond opened
Following the bank's upgrade by Moody's, the offer book for Piraeus Bank's "green" bond, which will have an investment grade rating (Baa3), has opened, with a 5% interest rate guidance.
Launches a 5-year green bond offering on the market
Piraeus Bank will soon introduce a green five-year bond to the market.
Strategy for four sustainable property development projects
At a joint press conference today, real estate developer Dimand and Piraeus Bank declared that they have formed a strategic alliance for the advancement of urban areas in Athens and the surrounding area.
Strong investment interest in the senior preferred bond from more than 110 fund managers
Piraeus Bank successfully priced a €500mn Senior Preferred Bond
Over €1 billion bids for the senior preferred bond
Books open on Piraeus Bank senior preferred bond.
Upgrades Greek banks with a positive outlook
As S&P explains, Greek banks are ready to capitalize on the country's stable growth prospects.
Completes sale of Direct Solutions to Mellon Technologies for 3m euros
The transaction also includes renewal of the servicing agreement relating to provision by PDS of call center activities to Piraeus Group.