EUROBANK ERGASIAS SERVICES AND HOLDINGS S.A.

Transfer of the bonds of a corporate bond loan of €150m gross book value issued by MIG from Eurobank to Fortress Group

 

Athens, 05 December 2016

 

Transfer of the bonds of a corporate bond loan of €150m gross book

value issued by MIG from Eurobank to Fortress Group

 

Eurobank Ergasias S.A. (“Eurobank”) announces that, following an international competitive process, the transfer of the bonds of a corporate bond loan issued by Marfin Investment Group Holdings S.A. (“MIG”) with total outstanding principal balance of €150,000,000 and held by Eurobank to funds managed by Fortress Investment Group LLC (NYSE: FIG) was concluded on 02 December 2016 (the “Transaction”).

 

The Transaction is capital neutral for Eurobank.

 

Morgan Stanley & Co. International plc has acted as financial advisor to Eurobank for the Transaction.