Ethniki Insurance prices inaugural €200mn dual-tranche perpetual bonds
Piraeus Bank’s wholly owned subsidiary, Ethniki Insurance, priced an inaugural dual-tranche subordinated bond issuance totalling €200mn.
Piraeus Bank S.A. (“Piraeus” or the “Bank”) announces that its wholly owned subsidiary, “The Ethniki“ Hellenic General Insurance Company S.A. (“Ethniki Insurance” or the “Issuer”), has successfully priced an inaugural dual-tranche subordinated bond issuance totalling €200mn.The transaction comprise…