Alpha Bank to issue senior preferred bond

Alpha Bank announced an order for the issuance of a 4.5-year senior preferred bond, redeemable at 3.5 years. The issue is estimated at 300 million euros.

The underwriters of its issuance are BNP Paribas, Deutsche Bank, Goldman Sachs and Morgan Stanley, and the auction in question is expected to take place in the near future, depending on market conditions.

Alpha Bank also announced a repurchase offer for its €400 million bonds maturing on February 14, 2024, with a 3% coupon. In the relevant announcement, it also noted that the maximum level of acceptance will be announced after the pricing of the new securities and is expected to be at least equal to the funds that will be collected from the new issue.