Alpha Bank targets capital with buyback
In a move to generate much needed common equity, Alpha Bank is offering to buy back tier one and tier two bonds at deep discounts to par. The liability management exercise comes after the bank announced it had taken an 863bp hit to its capital ratio as a result of the Greek debt exchange.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts