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Newsletter 48 - 23/10/2015
(CoCos) and shares. CoCos would bear an annual coupon of 7–9 percent, according to market sources
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Final structure of bank recap taking shape, cautious optimism for outcome
Economy(CoCos) and shares. CoCos would bear an annual coupon of 7–9 percent, according to market sources
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Alpha makes 1.09 bln bond swap offer to boost capital
EconomyBankingprice equivalent to 50, 9 or 5 percent of nominal value. The second option entails a share exchange
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Coalition starts to feel backlash from latest round of measures
PoliticsGreek Politicshappen when the Eurogroup meets on November 9. In the meantime, the government also has to contend
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The key points in Greece's new bank recap bill
Economythe end of June 2017. The Finance Minister may extend it by up to two years. 9) The compensation
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National Bank reveals capital plan, which includes sale of whole Finansbank stake
EconomyBankingbillion, CET1 capital 9 billion and CET1 ratio 14.5 percent. Note, though, that the bank holds a total
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Eurobank presents 2.12 bln equity raising plan to cover capital needs
EconomyBankingbuilding will take place next week (as of November 9), while the Extraordinary General Meeting (EGM
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Strong start for Greek stocks but they end week down 3.4 pct
Economytheir Q3 results on November 9 and 12 respectively, while Jumbo’s Annual General Meeting
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Greek banks' capital actions underway, state aid seen as low as 4.7 bln
Economythe LME (and bail-in for NBG) outcome of 3.33 billion, total private participation would reach 9 billion
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Travel receipts fall by 5.4 pct in Sept for first drop in 2015
EconomyMacroeconomy, travel payments eased 2.7 percent to 1.5 billion. Overall, the 9--month travel balance recorded
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