Brief: National Bank Of Greece Raises EUR 500.0 Million In First AT1 Issue, Sets Coupon At 5.8%

National Bank of Greece

06/02/2026 10:28

Feb 6 (Reuters) - National Bank of Greece SA NBGr.AT:

COMPLETES ISSUANCE OF EUR 500 MILLION ADDITIONAL TIER 1 NOTES

NOTES CARRY A FIXED COUPON OF 5.8%

NOTES ARE PERPETUAL WITH A CALL OPTION AFTER 5.5 YEARS

OFFERING DRAWS DEMAND OF ABOUT EUR 5.5 BILLION, 11 TIMES OVERSUBSCRIBED

PRICING IMPLIES 331.7 BPS SPREAD OVER MID-SWAP, TIGHTEST FOR GREEK AT1

MORE THAN 90% OF AT1 ISSUE PLACED WITH INTERNATIONAL INVESTORS

Further company coverage: [NBGr.AT]

 (Gdansk Newsroom)

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