Calamos Supports Greece

capital increase

Greece’s Piraeus Bank Sells €7.2 Billion in Non-Performing Exposures

Piraeus Bank announced earlier in the week that it has reached agreement to sell €7.2bn ($8.61bn) worth of non-performing exposures (NPE).

Piraeus Bank Raises $1.66 Billion Though Equity Offering

Piraeus Bank, one of Greece’s four big lenders, raised a total of 1.38 billion euros ($1.66 billion) through the capital increase process.