BUSINESS

Eurobank hires banks for possible bond sale

Eurobank, Greece's third-largest lender by assets, said on Friday it had hired five investment banks to arrange a possible bond sale.

"Eurobank... has mandated Credit Suisse, HSBC, JP Morgan, Mediobanca and Nomura to arrange a series of fixed-income investor meetings in Europe starting from June 16," the bank said in a statement.

"A euro-denominated senior unsecured transaction may follow, subject to market conditions," the bank added. [Reuters]

Online