Alpha Bank SP bond
Sector: Residential • Location: Greece
Source: European Bank for Reconstruction and Development (EBRD)
The EBRD invested EUR 35 million in an inaugural, benchmark EUR 500 million senior preferred ("SP") bond issued by Alpha Bank S.A., a commercial bank incorporated in Greece, in September 2021. This is the first SP instrument issued by Alpha Bank since the introduction of the EU Bank Recovery and Resolution Directive that meets the regulatory minimum requirements for own funds and eligible liabilit
Project Information FAQ
Project Information
Want to explore the full details? View the full report
Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | signed |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The EBRD invested EUR 35 million in an inaugural, benchmark EUR 500 million senior preferred ("SP") bond issued by Alpha Bank S.A., a commercial bank incorporated in Greece, in September 2021. This is the first SP instrument issued by Alpha Bank since the introduction of the EU Bank Recovery and Resolution Directive that meets the regulatory minimum requirements for own funds and eligible liabilities (MREL). The SP bonds have a maturity of 6.5 years, with a call option after 5.5 years, and are listed on the Luxembourg Stock Exchange. This follows previous investments the EBRD made in 2020 and 2021 in Alpha Bank's earlier issuances of MREL-eligible Tier 2 subordinated bonds (https://www.ebrd.com/work-with-us/projects/psd/51547.html). |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |