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AXIA Ventures Group Aids in Alpha Bank and Eurobank Ergasia’s Capital Increase

AXIA Ventures Group Aids in Alpha Bank and Eurobank Ergasia’s Capital Increase

AXIA Ventures Group has announced that it has acted as Advisor to Alpha Bank’s €2,563 million Capital Increase and as Joint-Bookrunner for Eurobank Ergasias S.A’s €2,039 million Capital Increase.

Alpha Bank S.A. announced the completion of the share capital increase of a total amount of €2,563 million via abolition of the preemption rights of the existing shareholders, through payment in cash of an amount of €1,552,169,172 via a private placement to qualified and other eligible investors, and capitalization of the monetary claims of an amount of €1,010,830,828 in the context of the voluntary exchange of existing securities by their holders that participated in the Liability Management Exercise.

Eurobank Ergasias S.A. also announced the completion of the share capital increase of a total amount of €2,039 million via abolition of the preemption rights of the existing shareholders, through payment in cash of an amount of €1,621,150,153 via a private placement to qualified and other eligible investors, and capitalization of the monetary claims of an amount of €417,769,847 in the context of the voluntary exchange of existing securities by their holders that participated in the Liability Management Exercise. This Offering concluded the Capital Raising Plan of the Bank and covered in full its total recapitalization requirement under the Adverse Scenario of the SSM’s Comprehensive Assessment, exclusively through private investor participation.

About AXIA Ventures Group Limited

AXIA Ventures Group Limited (“AXIA”) is a privately owned investment banking group providing financial advisory and capital market-related services to corporate and institutional clients. AXIA is headquartered in Nicosia, Cyprus, regulated by the Cyprus Securities and Exchange Commission (License No: 086/07) and fully licensed to provide financial advisory services in many financial markets around the world. AXIA has presence in Nicosia (Headquarters), Athens (Branch), Lisbon (Branch), New York (subsidiary) and London (representative office). For more information on AXIA and its services, you can visit the AXIA website at http://www.axiavg.com

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