Eurobank presents 2.12 bln equity raising plan to cover capital needs

EconomyBanking Tags: Banking, Eurobank
Photo by MacroPolis
Photo by MacroPolis

Eurobank presented on Tuesday its recapitalisation plan to cover the capital needs that were announced by the ECB on Saturday.

However, the management stressed that it has already secured support from cornerstone investors for the share capital increase, while also expressed a clear preference towards capital raising from equity rather than debt investors via the debt to equity...

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