This makes NBG the first Greek bank to regain Investment grade status, nearly 15 years after the onset of the Greek financial crisis
The bond issued by NBG matures in 11.25 years and is callable after 6.25 years.
Last November, a 22% stake in the National Bank was sold, generating over 8 times oversubscription across international and Greek markets.
The positive trend is reflected by the high demand expectations of Greek hoteliers, according to the study, with the relevant index reaching its highest historical point in the January-February period
The initial interest rate was set at 5%
High inflation and interest rates, with the latter easing at a slower rate, is the forecast from National Bank of Greece (NBG) chairman Gikas Hardouvelis, who is also the new president of the Hellenic Banks Association (HBA). Speaking at the annual Hellenic Finance and Accounting Association conference this month in Athens, Hardouvelis, a former Greek […]
Greece has successfully returned to the sights of significant foreign investors and investment funds, especially for a long-term placement, Vassilios Karamouzis, the general director National Bank’s (NBG) corporate and investment banking, emphasized over the weekend. Karamouzis spoke during a panel on “Large projects transforming Greece” at the 25th annual Capital Link Invest in Greece Forum […]