Alpha Bank: UniCredit stake rises to 9.768% after Alpha Holdings merger
UniCredit’s stake in Alpha Bank reaches 9.768% after merger completion, with potential to acquire additional shares bringing total stake to 20.477%.
Banking
Eurobank bond sees massive 9x oversubscription from investors
Eurobank’s 500 million euro bond attracted massive investor interest with 9x oversubscription, reducing credit spread to 90 basis points.
Alpha Bank completes AstroBank acquisition to become Cyprus’ third largest bank
Alpha Bank completes AstroBank acquisition for €205 million, positioning itself as Cyprus’ third largest bank with 5% EPS increase expected.
Swiss franc loans: Solution through out-of-court mechanism
Greece’s Finance Ministry seeks comprehensive solution for 6 billion euros in Swiss franc loans affecting 20,000 borrowers through out-of-court mechanisms.