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Economy · Greece
CrediaBank sees strong international interest in private placement, free float rises to 47%
2 sourcesFirst reported 7 days agoUpdated 6 days ago
Right 100%
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What all sources covered
- CrediaBank has attracted strong international interest in its recent private placement, which was completed successfully on July 14.
- The placement saw the order book covered in just 20 minutes, indicating high demand and oversubscription.
- Thrivest Holding acquired a 24% stake in the bank, contributing to an increase in free float to 47%.
- Approximately 70% of the shares allocated went to long-term investment portfolios, enhancing the bank's shareholder base.
- This development is expected to improve the bank's standing in international markets.
2 sources
Who reported first
Proto ThemaFirst
iefimerida.gr+9h
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