HFSF launches book building process to sell 20% of equity stake in National Bank

Πηγή Φωτογραφίας: ΕΘΝΙΚΗ ΤΡΑΠΕΖΑ (EUROKINISSI/ΓΙΩΡΓΟΣ ΚΟΝΤΑΡΙΝΗΣ), Hellenic Financial Stability Fund (HFSF) on Tuesday launched the book-building process to offer 20% of its equity stake in National Bank. HFSF will offer up to 182,943,031 shares of National Bank with the option to offer an additional 1.99% or 18,294,303 shares.
Hellenic Financial Stability Fund (HFSF) on Tuesday launched the book-building process to offer 20% of its equity stake in National Bank. HFSF will offer up to 182,943,031 shares of National Bank with the option to offer an additional 1.99% or 18,294,303 shares.
The book building offer envisages both domestic and international investors. Domestic investors will be able to get up to 27,441,455 shares (15% of the public offer) and the remaining 155,501,576 shares (85% of the public offer) will be offered through accelerated book building to international investors. The book building process will close on Thursday, 16 November.
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