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Home2021

Year: 2021

Eurobank to issue second EUR500m senior preferred bond
News

Eurobank to issue second EUR500m senior preferred bond

7 September 2021 Editors

Eurobank mandated a syndicate of banks in order to tap debt markets (as early as today) for a second MREL-eligible…

Creece’s GDP surged 16.2%  in Q2 2021
News

Creece’s GDP surged 16.2% in Q2 2021

7 September 2021 Editors

ELSTAT, Greece’s statistical office, announced today that the Greek economy expanded by 16,2% in Q2 2021, beating analysts’ forecast. Data…

NPE sales prompt Fitch upgrade of senior bank bonds
News

NPE sales prompt Fitch upgrade of senior bank bonds

7 September 2021 Editors

Progress made in their respective de-risking plans, including the sale of substantial portfolios of non-performing exposures (NPE).

Autohellas signs EUR 180 million ABS with J.P Morgan
News

Autohellas signs EUR 180 million ABS with J.P Morgan

6 September 2021 Editors

Autohellas announced the financing agreement of EUR 180 million with JPMorgan Chase through securitization of lease receivables (Asset Backed Securitization).…

Fortress, Davidson Kempner and Intrum are interested in Ariadni
Featured

Fortress, Davidson Kempner and Intrum are interested in Ariadni

6 September 2021 Editors

Αriadni includes corporate loans of 4.8 billion euros and home loans of 2 billion euros

Davidson Kempner, Fortress and Cross Ocean Partners in the race for Dory project
News

Davidson Kempner, Fortress and Cross Ocean Partners in the race for Dory project

3 September 2021 Konstantinos Papagrigoris

Piraeus Bank is expecting the submission of binding bids from three interested investors for the Dory project as the lender aims at speeding up the completion of ongoing projects.

Eurobank received offers  from Nexi and Worldline for cards
News

Eurobank received offers from Nexi and Worldline for cards

2 September 2021 Editors

Italian payments processor Nexi and French Worldline will table bids in the tender underway for the partial sale of Eurobank’s…

Intrum issued a 5 year SEK 1 billion bond
News

Intrum issued a 5 year SEK 1 billion bond

2 September 2021 Editors

Intrum AB announced that has  issued a 5 year SEK 1 billion senior unsecured floating rate note with a coupon…

Bain – CPIB clash over Piraeus Bank Sunshine project
Featured

Bain – CPIB clash over Piraeus Bank Sunshine project

2 September 2021 Konstantinos Papagrigoris

The value of the collateral, which these contracts have, is estimated at around 240 million euros, of which 200 million euros relate to the value of the pledged real estate.

Eurobank CEO: 3,000 auctions to be held by end of year
News

Eurobank CEO: 3,000 auctions to be held by end of year

1 September 2021 Konstantinos Papagrigoris

CEO Fokion Karavias said that auctions are planned to proceed as of September and that around 3,000 are expected by the end of the year,

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MOST READ

  • Piraeus: New portfolio sale with… a mix of red loans worth 300 million euros 30 July 2025
  • The sale of the “Athena” project was announced by the CEO of Alpha Bank 1 August 2025
  • The Bank of Greece’s decisions on servicers 6 August 2025
  • SOLAR: What’s happening with securitization? 31 July 2025
  • Out-of-court mechanism: Record 82.1% of applications approved – €4.26 billion in debts have been “written off” 6 August 2025
  • UNIKO: The 13 million euro platform 4 August 2025
News Tags Comments
  • The map of arrangements for the four major Servicers
  • Over half a billion in debts were restructured by the Servicers in July
  • Eurobank: Renames Solar to Sun and seeks investors
  • Banks: 100 million additional provisions
  • Out-of-court mechanism: Record 82.1% of applications approved – €4.26 billion in debts have been “written off”
  • The Bank of Greece’s decisions on servicers
  • UBS: $300 million settlement for Credit Suisse mortgage loans
  • UNIKO: The 13 million euro platform
  • Banks: Reduction of Pillar 2 Guidance to 1%
  • The banks passed the stress tests comfortably
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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