September 10, 2024 11:21 GMT
CREDIT SUPPLY: TPEIR Final Terms, MS+315bp, 15-20bp NIC, >4x Cover
CREDIT SUPPLY
Piraeus (TPEIR: Ba2 pos/B+/BB pos) Tier 2 sub debt final terms, sized at EUR650m, books >EUR2.7bn, so >4x cover. NIC is 15-20bp based on our FV.
- “FINAL TERMS: Piraeus Bank €650m 11NC6 Tier 2 MS+315” - BBG
36 words