Eurobank Ergasias €500 million 2.98% covered bond issue

Overview:

• Eurobank Ergasias has issued €500 million in covered bonds.
• The bonds had coupon of 2.75% with a three year tenor and reached a final 2.98% rate.
• The order book was subscribed more than twice, 85% of the total participation was from international institutional investors.

Katrin Kostadinova - Data analyst