Piraeus Bank raised €500 million from its foray into the markets on Tuesday via the issuance of its third green bond, with investors showing overwhelming interest. Demand reached €3.75 billion—more than 7.5 times the initial offering—highlighting strong investor confidence. As a result of this significant oversubscription, the bond’s yield was set at 115 basis points […]
This allowed Eurobank to raise 850 million euros and reduce the bond’s credit spread to 180 basis points, down from the initial indicative offer of 210 basis points.