Brief: National Bank Of Greece Sells EUR 0.7 Billion in NPE's to Bracebridge Capital

National Bank of Greece

27/02/2025 07:22

Feb 27 (Reuters) - National Bank of Greece SA NBGr.AT:

ENTERS INTO A DEFINITIVE AGREEMENT WITH BRACEBRIDGE FOR THE DISPOSAL OF A PORTFOLIO OF NPES WITH A TOTAL GROSS BOOK VALUE OF C. EUR 0.7 BILLION

TRANSACTION IS EXPECTED TO BE COMPLETED WITHIN Q2 2025

WILL RETAIN 100% OF THE SENIOR NOTES 5% OF THE MEZZANINE AND JUNIOR NOTES

Further company coverage: [NBGr.AT]

 (Gdansk Newsroom)

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