Piraeus Upgraded to Investment Grade by Fitch Ratings
(ATHEX: TPEIR) (OTCQX:BPIRY): “Piraeus Financial Holdings S.A.” (hereinafter the “Company”) informs the investment community that the Company and its subsidiary Piraeus Bank S.A. (“Piraeus” or the “Bank”) have been upgraded by Fitch Ratings (“Fitch”), to an investment grade rating of BBB- with stable outlook. This marks a significant milestone, as Piraeus is now rated investment grade by three of the four major credit rating agencies.
Piraeus Financial Holdings Successfully Priced a €400mn Additional Tier 1 Instrument
Piraeus Financial Holdings S.A. (“Piraeus” or the “Group”) (ATHEX: TPEIR) (OTCQX:BPIRY) (OTCQX: BPIRF) announces that it has successfully completed the pricing of €400 million Fixed Rate Reset Additional Tier 1 Perpetual Contingent Temporary Write-Down Notes (the “Notes”).
Piraeus Bank Successfully Priced a €500mn Green Senior Preferred Bond With Demand Exceeding €3.7bn
Piraeus Financial Holdings S.A. (ATHEX: TPEIR) (OTCQX:BPIRY) (OTCQX: BPIRF) announces that its subsidiary, Piraeus Bank S.A. (“Piraeus” or the “Bank”), has successfully completed the pricing of a new €500 million Green Senior Preferred Bond (hereinafter also called the “Bond”) at a yield of 3.140%, attracting the interest of a large number of institutional investors.
