The Greek Deal.com
EUROBANK
Strategic partnership with Plum
Eurobank will initially invest €5 million for its share in Plum, with the potential for an additional €5 million over time
Offers from 101 investors for the senior preferred bond
The bond matures on 28 November 2029 and is callable at par on 28 November 2028 (6NC5), offering a coupon of 5.875% per annum
Offers for the senior preferred bond surpassed €1.6 billion
The final interest rate was set at 5.875%, significantly lower than the initial rate, which was initially set at 6.25%.
Bids for the senior preferred bond exceeded €1.4 billion – Raises €500 million
The bank ultimately raises €500 million, with bids exceeding €1.4 billion, covering the issuance nearly three times over.
Starts book building process - AT 6.25% the interest rate
Eurobank's entry into the markets comes at a particularly favorable time for the Greek banking sector
Why it's proceeding to issue a bond
According to information, the bank is attempting to capitalize on the positive momentum in the Greek economy, especially in the banking sector, following the placement in the National Bank
Global distinctions for Eurobank Factors
Eurobank Factors, a 100% subsidiary of Eurobank, was awarded as the Best Global Export Factor for 2022 and ranked 3rd in Europe in the International (Import - Export) Factoring category, according to the evaluation by FCI
21 Years Ahead for Education – Award Ceremony in Thessaloniki
Eurobank honored 182 distinguished graduates from high schools in the Regional Units of Thessaloniki, Chalkidiki, Serres, Drama, Kavala, Xanthi, Evros, and Rhodope, in Thessaloniki, as part of the Corporate Social Responsibility Program Ahead for Education
Adjusted net profit totaled €916m in 9M2023
The operating performance of Eurobank in 9M2023 was robust.
Signing of a Binding Agreement for the Solar Transaction
The Solar Transaction is expected to be completed within the first quarter of 2024