Sovereign Wealth Funds Gamble on Greek Banking Recovery

Posted on 05/12/2014

Athens-based National Bank of Greece SA raised €2.5 billion in equity share capital at a price of €2.20 per share. All shares were sold to foreign investors – being oversubscribed more than twice. Major institutional investors participated in the capital increase including Pimco, BlackRock, Fidelity Investments, York Capital and funds managed by billionaire George Soros. […]

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