Books for Alpha Bank's 500m three-year bond near 2bn

Thu Jun 12, 2014 7:15am EDT

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LONDON, June 12 (IFR) - The order book for Alpha Bank's new three-year senior issue is approaching 2bn according to a lead manager.

The issuer is planning to raise a 500m issue and price guidance has been revised to 3.625% area, plus/minus 0.125%, the tight end of the 3.75% area initial price thoughts.

Citigroup, HSBC, JP Morgan and Mediobanca are marketing the transaction which will be priced later today. (Reporting by Helene Durand)

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