“Eurobank Ergasias Services and Holdings S.A.” (Eurobank Holdings) announces that its subsidiary “Eurobank S.A.” (the “Bank” or “Eurobank”), as a result of firm interest from institutional investors in the €500 million Fixed Rate Senior Preferred Instruments due 2028 issued by Eurobank originally on 07 July 2025 (ISIN: XS3110850347) (the “Existing Instruments”), has successfully concluded an agreement with Deutsche Bank and BNP Paribas, to proceed to a tap issue of an aggregate principal amount of €200 million, through private placement, on the Existing Instruments (the “New Instruments” and, together with the Existing Instruments, the “Instruments”). The issue price of the New Instruments is 99.817%, implying a yield of 2.978%.
The New Instruments shall be consolidated and form a single series with the Existing Instruments, in accordance with the conditions of issue. Settlement of the issuance of the New Instruments will take place on 26 September 2025. The Instruments will be listed on the Luxembourg Stock Exchange’s Euro MTF market.
The proceeds from the Instruments will support Eurobank Group’s strategy to ensure ongoing compliance with its Minimum Required Eligible Liabilities (MREL) requirement and will be used for Eurobank’s general funding purposes.
For further information, please contact Investor Relations at investor_relations@eurobankholdings.gr.