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.