Alpha Bank Concludes 500-Million-Euro Bond Issue

September 17, 2021

ATHENS — Alpha Bank has successfully concluded an inaugural 500 million euros Senior Preferred bond issue. The bank, in an announcement, said that following two Tier 2 transactions in 2020 and 2021, the landmark Galaxy transaction earlier this year and the successful Share Capital Increase, Alpha Bank on Thursday achieved another important milestone by issuing its inaugural Senior Preferred bond.

The deal came on the back of a robust credit market and an extensive two-day virtual Roadshow with investors. The issue was met with strong institutional support with more than 60 accounts involved, resulting in an order book circa two times oversubscribed.

The Senior Preferred bond has a 6.5-year maturity and is callable in year 5.5 with a coupon of 2.5 pct and a yield of 2.625 pct. The bond is listed on the Luxembourg Stock Exchange – EuroMTF Market. This transaction, fully aligned with Alpha Bank’s MREL strategy communicated earlier in the year, significantly enhances the Bank’s presence in the international capital markets, diversifies its investor base and improves its funding profile. BNP Paribas, BoFA Securities, Citi, Commerzbank and Morgan Stanley acted as Joint Lead Managers on the transaction.


With an average of 2800 hours of sun a year, Greece still hasn’t fully harnessed solar power to generate electricity and on one day in May disconnected 1 Gigawatt (GW) of solar plants from the grid.

Top Stories


A pregnant woman was driving in the HOV lane near Dallas.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.


Sour Patch Kids Oreos? Peeps Pepsi? What’s Behind the Weird Flavors Popping Up on Store Shelves

Van Leeuwen Ice Cream usually draws customers with gourmet takes on classics like vanilla and pistachio.

Artificial Intelligence will provide us with one surprise – hopefully mainly good ones – after another far into the future, but for some people, especially writers and readers of science fiction, some of the news will be old news.

NEW YORK – Teatro Grattacielo presents The Young Artists Series: G.

NEW YORK – Effie Lazaridou, CEO of New Agriculture New Generation (NANG), spoke with The National Herald about the organization which she has led since it began in 2018 and which aims to create employment and entrepreneurship opportunities for young people in the agrifood industry in Greece.

PORT-AU-PRINCE, Haiti  — Haiti’s main international airport reopened Monday for the first time in nearly three months after relentless gang violence forced authorities to close it.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. [email protected]

You may unsubscribe at any time using the link in our newsletter.