Ravenous investors devour T2 debut from Alpha Bank

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Ravenous investors devour T2 debut from Alpha Bank

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A branch of the Alpha bank is seen in Bucharest, Romania on May 1, 2019. | Jaap Arriens/SIPA USA/PA Images

Alpha Bank was more than 10 times subscribed on its debut in the tier two market on Thursday, allowing the speculative grade Greek lender to tighten its pricing by up to 100bp and land at an impressive coupon level of 4.25%.

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