Piraeus Bank announces the completion of the Tender Offer to purchase existing securities for cash. The Tender Offer referred to subordinated and hybrid securities totaling €489 mn. Barclays Bank Plc and Morgan Stanley acted as Dealer Managers.
The Bank accepted offers in the total amount of €144 mn, of which €60 mn subordinated securities and €84 mn hybrid securities.
This Tender Offer strengthened the quality and the structure of the regulatory capital of Piraeus Bank, with the increase of its Core Tier 1 capital by €83 mn (pre tax).
The Settlement Date in respect of those Securities accepted for purchase will be 14 March 2012.
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Dear customers, we would like to inform you about the renewal of the tariffs for the rental of individual deposit boxes in Kharkiv:...
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