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Home2020

Year: 2020

MLS. Going  for a “battle” and a steep fine to the auditor
Buzz Talk

MLS. Going for a “battle” and a steep fine to the auditor

27 July 2020 Editors

How bondholders are affected by the auditor’s mistake.

From September the hammering starts
Buzz Talk

From September the hammering starts

27 July 2020 Editors

      Due to the pandemic, there may have been a period of tacit tolerance in matters relating to…

NPL Trojan Horse for Creta Farms ?
News

NPL Trojan Horse for Creta Farms ?

27 July 2020 Editors

    “A foreign investor is investigating the possibility of acquiring Creta Farms, and for this purpose has already proceeded with…

National Bank asks for 5.5 mln euros for a hotel near Larissis Station
Highlights

National Bank asks for 5.5 mln euros for a hotel near Larissis Station

27 July 2020 Editors

  And while the situation for hotels in Athens is something more than difficult and expected to get worse from…

Piraeus Bank to send NDAs on Vega project
Featured

Piraeus Bank to send NDAs on Vega project

27 July 2020 Konstantinos Papagrigoris

According to sources, JP Morgan has taken on the sale of the Vega project while UBS the Phoenix project. Consulting company Alantra is working on both projects.

Intrum successfully issues a 5 year, EUR 600 million bond
Featured

Intrum successfully issues a 5 year, EUR 600 million bond

26 July 2020 Editors

Intrum has successfully issued a 5-year EUR 600 million senior fixed-rate bond with a coupon of 4.875 percent (the “Notes”). Application…

Eurobank shareholders to receive one 1 MAIRANUS (SPV) share for every 12 Holdings’ shares held.
News

Eurobank shareholders to receive one 1 MAIRANUS (SPV) share for every 12 Holdings’ shares held.

24 July 2020 Editors

Eurobank announced that the Board of Directors has proposed to the General Meeting, which will take place on 28 July…

Pimco seen buying PPC debt securities
News

Pimco seen buying PPC debt securities

24 July 2020 Editors

What does the deal for the second securitization package of debts involve between PPC-Pimco?

Intrum targets major projects to be released in coming months
News

Intrum targets major projects to be released in coming months

24 July 2020 Konstantinos Papagrigoris

Which are Intrum’s plans for the Greek market, after playing a key role in two securitizations to be launched by Piraeus Bank by the end of the year (Vega and Phoenix projects totaling 8 billion euros).

Stournaras, further action to tackle bad loans  is needed
Analysis

Stournaras, further action to tackle bad loans is needed

23 July 2020 Editors

The present recession will lead to a downgrading of the quality of banks’ assets. Hence, we will need further actions…

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  • Intrum announces sale of portfolios for EUR 215m, above book value
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  • Cairo Mezz Plc: Proceeds with the sale of part of its loan portfolio
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  • The European Court of Justice will decide on penalties for servicers
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  • Starbucks’ NPEs at Eurobank, Alpha, and Piraeus
  • EFKA: Collection of insurance debts exceeding €50 billion in private hands
  • Bidding time for the Real Estate Acquisition and Leasing Agency
Alpha Bank attica bank auctions Bank of Greece Banks Cepal doValue Eurobank extrajudicial mechanism HERCULES Intrum Loans National Bank NPEs npl NPLs Piraeus Bank Qualco Real Estate servicers
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