Eurobank raised €600 million through a seven-year green senior preferred bond on Tuesday, with the issue 2.8 times oversubscribed as investors responded strongly to the bank’s latest debt offering.
The bond, which can be called by Eurobank after six years, was priced at a spread of 98 basis points over the mid-swap rate.
Initial guidance had placed the pricing at around 125 basis points above mid-swap, implying a yield of
