February 12, 2020 / 8:11 AM / in 9 days

Piraeus Bank opens books for 10-year Tier 2 note-source

ATHENS, Feb 12 (Reuters) - Piraeus Bank, Greece’s largest lenders, on Wednesday opened books for a 10-year Tier 2 note, aiming to raise about 500 million euros ($545.65 million), a source close to the deal said.

“Piraeus Bank is opening books for a 10-year issue, aiming at about 500 million euros,” the source told Reuters.

Pricing is seen at low 6%, the source added. ($1 = 0.9163 euros) (Reporting by Lefteris Papadimas;Writing by Angeliki Koutantou)

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