With a record oversubscription, 12 times, according to information, the offer book for the placement of the national team closed today with offers exceeding 8 billion euros
With great success and record overtaking, 12 times, reportedly closed today, the bid book for the placement of the National Bank for the disposal of a 10% stake held by the HFSF, with the offers exceeding 8 billion euros, constituting a vote of confidence for the prospects of the National Bank and the Greek economy in general.
The new disinvestment of the HFSF by National Bank has reportedly gathered the interest of leading long-term investors at a time of geopolitical challenges due to the developments in the Middle East, at a much higher price compared to last November’s placement. Especially regarding the price, this one “locked” at 7.55 euros, after the new announcement of the Financial Stability Fund (HFS) which followed that of the narrower range. The allocation will be 85% to international investors and 15% to Greeks.
Tomorrow there will be the official announcements from the HFSF and the National Bank on the final offer price and on the result of the public offer.
8.3% of the bank now remains in the possession of the HFSF.
Source: Skai
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