Greece's Postal Bank and Österreichische Post allay fears of an equity buyers' strike
The success of IPOs for Greece's Postal Savings Bank and Austria's Österreichische Post this week raised hopes that the tough new issuance conditions seen in European equity markets in recent weeks are receding.
Goldman Sachs, JP Morgan, Bank of Piraeus and National Bank of Greece achieved a success with the Eu528.25m IPO of Postal Savings Bank, the last fully state owned bank in Greece. The deal closed last Friday .
The deal was priced in the top half of the Eu11.30-Eu13.50 range
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: firstname.lastname@example.org
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: email@example.com or find out more online here.