Piraeus Bank prices equity offering at 1.15 euros per share (updated)

Euroxx Securities SA

23/04/2021 17:13

(Adds pricing of the offering)
    ATHENS, April 23 (Reuters) - Piraeus Bank  BOPr.AT , one of
Greece's four big lenders, has priced its stock offering at 1.15
euros per share, at the upper limit of an indicated range,
raising 1.38 billion euros ($1.66 billion), it said on Friday.
    The announcement confirmed what sources close to the
transaction had told Reuters earlier on Friday.
    Piraeus Bank launched the equity offering to raise between
1.2 billion and 1.38 billion euros via a placement with
international investors and a domestic public offering. 
    The bank will issue 1.2 billion new shares and will allocate
85% to the international placement and the remaining 15% to the
domestic public offering.
    Goldman Sachs and UBS were joint global coordinators and
joint bookrunners with BNP Paribas, JP Morgan, Morgan Stanley,
Ambrosia Capital, AXIA, Euroxx Securities and Piraeus
Securities.
    
    ($1 = 0.8288 euros)

 (Reporting by George Georgiopoulos and Angeliki Koutantou;
Editing by Edmund Blair)
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