den ganzen Artikel habe unten eingefügt
Zitat daraus: Orders from investors were coming in at the lowest price that the banks could accept, people familiar with the increase said on Monday.
Weiß jemand den niedrigsten Preis, den die Banken akzeptieren?
Eurobank, Alpha Plug Capital Holes as Greece Gets Bailout Deal
Nikos Chrysoloras and Christos ZiotisNov 17, 2015 9:39 am ET
(Bloomberg) -- Greek lenders Alpha Bank AE and Eurobank Ergasias SA expect to raise enough from investors to cover capital shortfalls without state aid, while the government reached a deal with creditors that will help backstop the recapitalization of two other banks.
The Greek government secured an agreement with creditors on Tuesday that will allow the release of bailout funds earmarked for the struggling banks. National Bank of Greece SA and Piraeus Bank SA have said they will seek state aid as they try to plug capital holes by tapping private investors.
Alpha received institutional demand greater than its 1.55 billion-euro ($1.65 billion) equity capital raising target, the lender said in a statement Tuesday. Combined with 1.01 billion euros in proceeds from a debt-to-equity swap, the bank has enough to cover a shortfall of about 2.6 billion euros identified in a European Central Bank stress test.
Eurobanks capital increase attracted investors including Fairfax Financial Holdings and Wilbur Ross, who commit about 2 billion euros of capital via a share sale and a so-called liability management exercise, consisting of debt-to-equity swaps, according to an update on the sale seen by Bloomberg News. The lender is scheduled to close its book to bids on Tuesday afternoon.
Uncertainty over the governments talks with creditors damped investor interest in fundraising efforts by the banks. Orders from investors were coming in at the lowest price that the banks could accept, people familiar with the increase said on Monday. Greek authorities and creditors reached a substantive agreement that opens the way for the release of some of the 10 billion euros earmarked for bank recapitalization, Dutch Finance Minister Jeroen Dijsselbloem said in an e-mailed statement on Tuesday.
National Bank of Greece and Piraeus are trying to cover a combined hole of about 8.6 billion euros identified by the ECB. The countrys two biggest lenders will ask state-owned HFSF to inject capital in the form of contingent convertible bonds and common shares. They have also extended debt swap offers to creditors and they are accepting bids for a share sale.
Related tickers: 1004Z GA (Hellenic Republic) EUROB GA (Eurobank Ergasias SA)
--With assistance from Ruth David and Corina Ruhe. |