HFSF-NBG book-building process begins
The Hellenic Financial Stability Fund (HFSF) on Tuesday launched the book-building process to offer 20% of its equity stake in National Bank.
HFSF will offer up to 182,943,031 shares of National Bank with the option for an additional 1.99% stake.
The book-building offer envisages both domestic and international investors: Domestic investors will be able to get up to 15% of the public offer and the remaining 85% will be offered through accelerated book-building to international investors.
The process concludes on Thursday.
