report that the National Bank of Greece ( NBG ) would raise $3.0 billion in capital ..... confidence returning to the country, while NBG 's equity sale came as a surprise. The ..... announcement came as a shock sending shares of NBG down as much as 14%. With the company
already from both hedge funds and institutional investors," says Petros Christodoulou, deputy CEO of National Bank of Greece ( NBG +4.4% ). The €750M senior unsecured bond will be the first such issue by the bank in nearly 5 years, and it's expected
the bank) gives the green light for National Bank of Greece ( NBG ) to move forward with a capital raise of up to €2.5B. The ..... about 25% since the share sale was floated a few days ago, NBG is ahead 3.6% in premarket action. 1 comment!
* NBG also plans 750 mln euro debt issue- source (Adds NBG confirmation, CEO comment)
ATHENS, April 16 (Reuters) - Greece's largest lender National Bank ( NBG ) confirmed on Wednesday it will go ahead with an equity offering of up to 2.5 billion euros ($3.45 billion) to plug a capital gap revealed last month by a stress test.
ATHENS, April 16 (Reuters) - Greece's bank bailout fund HFSF has given the green light to plans by National Bank ( NBG ) to proceed with a share offering of up to 2.5 billion euros to plug a capital...
By George Kesarios: National Bank of Greece ( NBG ) was down over 12% in Athens yesterday, after the announcement that the bank will be proceeding with plans to raise 2.5 billion
ZN +14% . BEBE +14% . EW +12% . SKBI +12% . SPHS +10% . Top 10 Losers: OTC:NVFY -19% . SMTX -18% . BOSC -17% . HPJ -16% . MBIS -15% . CVM -14% . EGLE -12% . WSTG -11% . NBG -11% . HIMX -8% . Post your comment!
Moving ahead with a capital raise , reports Reuters, National Bank of Greece ( NBG ) has hired Goldman Sachs and Morgan Stanley to handle an equity offering of up to €2.5B - roughly the size of the capital hole
ATHENS, April 14 (Reuters) - Greece's largest lender National Bank has picked Goldman Sachs and Morgan Stanley as global coordinators for a planned equity offering to plug its 2.18 billion euro...