Eurobank makes 877 mln bond exchange offer to cover part of its capital shortfall

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

Eurobank became on Thursday the third Greek bank to announce a Liability Management Exercise (LME) involving a voluntary exchange offer for a total nominal value of 877 million euros in outstanding bank bonds.

According to Reuters, total capital needs are seen at around 14 billion, while the amount that has to be raised from capital increases is seen close to 4.5 billion.

You need a subscription to access our analysis. Please choose one of the packages available.

If you are already registered, please sign in.

Full Access

A tailor-made service for professionals

Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.

Free Access

Read some of our analysis for no charge

By signing up to MacroPolis, readers will be able to read two of our articles without charge each month. They will not have access to our data or weekly e-newsletter.

Standard Access

Our analysis and data at your fingertips

Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €450 per year.

€500.00