Marfin Popular Bank concludes EUR 250 mln issue

Marfin Popular Bank Public Company Ltd (CPB) announced the successful completion of the Capital Securities 2009 issue, which amounted to EUR242,229,000 (total amount offered was EUR250m). The issue was addressed to a limited group of individuals, professional investors and individuals who invested at least EUR50.000
each. The Capital Securities will bear a fixed interest rate of 7% and the interest will be payable every three months. The Bank intends to submit an application to have the Capital Securities listed on the Cyprus Stock Exchange. The Capital Securities will contribute to the enhancement of the Hybrid Tier I Capital of the Bank.