Alpha Bank raised EUR 750m at 3.537%

Macro/Political:

EIB financing in Greece has reached a record high of EUR 3.5 bn for projects including climate resilience, water infrastructure and energy security. The 59% increase in financing over the past year has also expanded investment in student housing and boosted industrial production of strategic raw materials in the country.
Source: Kathimerini

Markets:

NBG raised EUR 750mn at a yield of 3.537%(MS+90bps) through the issuance of a 7NC6 senior preferred bond. Demand was very strong, with the final order book closing above EUR 3.1bn. Furthermore, NBG announced voluntary cash tender offers in respect of its EUR 450mn 7.5% Notes due in 2027 (ISIN: XS2562213145).
Source: Bloomberg

Metlen announced that it has entered into an agreement with Schroders Greencoat for the sale of a 283 MW solar PV portfolio in the UK. The portfolio comprises seven projects, totalling 283 MW of operating and under-construction solar capacity. The projects are located across England and Scotland and were developed and constructed by Metlen
Source: ATHEX

Macro/Political:

President Nikos Christodoulides, in a post on the X platform, commented on Cyprus recording the third-largest reduction in public debt in the EU, with debt levels significantly lower than the average of both the EU and the Eurozone. He noted that this development is a clear indication of resilience and responsible economic planning, adding that the trajectory of the Cypriot economy demonstrates in practice that prudent and responsible fiscal policy delivers measurable results.
Source: StockWatch