Alpha Bank, one of four systemic lenders in Greece, on Tuesday drained 300 million euros from the markets with the issuance of an Additional Tier 1 bond, raising to 3.55 billion euros the amount of capital it has raised over the past three years with bond issues.
The AT1 issue was greeted with high demand by more some 250 international and domestic investors, with the amount offered reaching 2.9 billion euros, oversubscribing the issue by 9.5 times.
The new bond issue, of an indefinite duration, has a recall option at six years, and will be traded on the Luxembourg stock exchange.
The yield reached 7.5%, marking a significant reduction in the spread compared with a previous AT1 issue by Alpha Bank in February 2023 – at 11.875% at the time.
Source: tovima.com
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
How Polluted is the Air in Athens Compared to Other EU Cities?
The cities are ranked from the cleanest to the most polluted based on average fine particulate matter (PM2.5) concentrations over the past two calendar years.
Salvage Operation for Stricken Tanker in Red Sea Suspended
The crude oil-laden tanker Sounion was hit by Houthi rebel drones and missiles late last month. Crew safe
Greece Replaces Stamp Duty with New Digital Transaction Fee for 600 Transactions
What is more, the newly established electronic tools will facilitate the audit work of the Independent Authority for Public Revenue (AADE) to curb tax evasion
UBS Maintained GDP Growth for Greece at 2.4%
In the section about Greece in its “Global Economics & Strategy” report, the firm highlights the primary fiscal surplus in the 2nd half of 2024 exceeded the €1.2 billion target set, reaching €2.9 billion
Rescue Operation Underway for Greek Oil Tanker Sounion after Houthi Attack
The oil tanker, carrying 150,000 of crude oil was repeatedly hit by Houthi terrorists on August 21, off the coast of Hodeidah, an area controlled by the rebels in the Red Sea.
Crete-Cyprus ‘Great Sea Interconnector’ Hangs in the Balance, as Talks at Impasse
Reports indicate that talks between the parties reached a dead end on Friday, with the Cypriot side failing to respond to French pressure to resolve outstanding issues (cost recovery, geopolitical risks)
Electricity Bills: Providers Announce September Rates
Electricity bills for households with green tariffs are expected to fall as reported due to the subsidy which the Ministry of Environment and Energy will announce with prices ranging between 0.01 and 0.012 euros per KWh
Thessaly: PM Mitsotakis to Visit Flood-Stricken Areas on Monday, Protests Planned
Prime Minister Mitsotakis is scheduled to visit the greater region of Thessaly to view the recovery efforts, one year after hurricane Daniel. Farmers and flood victims will be waiting for him, however, to express their dissatisfaction
Mitsotakis Firms up TIF Agenda
PM's agenda at the 88th Thessaloniki International Fair (TIF), taking place between Sept. 7-15, will focus on housing, a demographic crisis, public health and education
Greece’s Minimum Wage Set to Rise Again as 50% of Private Sector Workers Face Poverty
Plans to up Greece's minimum wage are driven by the fact that 7 out of 10 private sector employees are low wage earners and can't make ends meet, says TA NEA.
![Ηλεκτρικό ρεύμα: Οι τελικές χρεώσεις για τον Σεπτέμβριο ανά πάροχο μετά την επιδότηση [πίνακας]](https://www.ot.gr/wp-content/uploads/2023/07/petrelaio-revma-90x90.jpg)
![Κοινωνικός Τουρισμός: 40.000 έκαναν διακοπές τον Αύγουστο με voucher – Οι πιο δημοφιλείς προορισμοί [πίνακας]](https://www.ot.gr/wp-content/uploads/2023/06/koinonikos_tourismos-1024x576-1024x576-1024x576-600x338-1-600x338-1-90x90.jpg)
![Ηλεκτρικό ρεύμα: Οι τελικές χρεώσεις για τον Σεπτέμβριο ανά πάροχο μετά την επιδότηση [πίνακας]](https://www.ot.gr/wp-content/uploads/2023/07/petrelaio-revma-600x376.jpg)
