Greece's Piraeus Bank plans 400 mln euro share offering

ATHENS, April 4 Thu Apr 4, 2013 9:33am EDT

Related Topics

ATHENS, April 4 (Reuters) - Greece's No.2 lender Piraeus Bank said on Thursday it will raise up to 400 million euros through a privately placed share offering as part of its 7.3 billion euro recapitalisation, with existing shareholders partially waiving their rights.

The bank will hold a shareholders meeting on April 12. (Reporting by George Georgiopoulos, editing by Deepa Babington)

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.