Marfin Popular EMTN over-subscribed

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Marfin Popular Bank, rated A3 by Moody’s and BBB+ by Standard & Poor’s, launched yesterday an inaugural EUR750 mln 3-year transaction under its EMTN programme. The issue was 1,94 times oversubscribed.

The bond yield is 29 basis points over 3-month Euribor and will be listed on the Luxembourg Stock Exchange.

The Joint bookrunners were Citigroup, Deutsche Bank and HSBC. The co-leads of the transaction were Alpha Bank, National Bank, Unicredito, Raiffeisen, DZ and LBBW.

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