Χωρίς κατηγορία Archives

Νational Bank received four non-binding bids for EUR6.1bn Frontier NPE securitization

4 March 2021 Editors Comments Off

National Bank of Greece, finally received at least four non-binding bids about its upcoming Frontier securitization of EUR6.1bn NPEs, according…

National Bank calls for Halyvourgiki to be put in special management

4 March 2021 Editors Comments Off

National Bank filed on February 23 an application with the Athens Single-Member Court of First Instance for the inclusion of Halyvourgiki in a special management regime. The bank has receivables of over 296 million euros from the company

Talks on Kypriotis loans wind up today, Spanish fund deal seen likely

19 February 2021 Konstantinos Papagrigoris Comments Off

Today there may be developments on the sale of the Kypriotis hotel group loans as the period of exclusive negotiations between Eurobank and Piraeus Bank ends with the Spanish fund that has submitted the best offer.

Sales agreement on Vega project’s mezzanine, junior notes being signed

16 February 2021 Christos Ziotis Comments Off

The procedures for the completion of the Vega project have entered the final stage in the last few days, as Piraeus Bank and Intrum Hellas have agreed on all the key issues involved.

EU is preparing for NPL surge and bankruptcies after support measures expire

12 February 2021 Editors Comments Off

A European Commission note, prepared for euro zone finance ministers’ talks on Monday, says that thanks to almost 2.3 trillion…

Sale of 15 real estate assets by Ektasis Development pose crash test for market

9 February 2021 Konstantinos Papagrigoris Comments Off

The sale of 15 real estate asset by Ektasis Development, which is being conducted this week is deemed as “a crash test” for the real estate market.

Piraeus received three binding bids for POS sale

5 February 2021 Editors Comments Off

Piraeus Bank received three binding bids for cards business. according to a bank source.
Pursuant to its already announced internal capital generation plan, Piraeus Bank received binding bids for its cards merchant acquiring business.

Alpha Bank said to completing Galaxy

26 January 2021 Editors Comments Off

Alpha Bank and Davidson Kempner (already selected as preferred bidder) are close to completing exclusive talks to seal an agreement in relation to the twin transaction of the EUR10.8bn NPEs securitization and servicer Cepal.

Catering sector: losses reach 90%

25 January 2021 Editors Comments Off

Almost 50% of the 80,000 companies in the catering sector are facing the risk of shutting down in 2021, as turnover levels dips by more than 40%.

Seanergy Maritime (Cl. Restis) agreed on a debt restructure

19 January 2021 Editors Comments Off

he company (major shareholder is Claudia Resti, Victor Resti’s sister) announced that it has completed agreements with creditors for the restructuring of loans and convertible bonds, amounting to $179 million.