22 October 2017
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Fitch upgrades Eurobank's long term debt notes

07 September 17 - RE+D Magazine
Fitch upgrades Eurobank's long term debt notes

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Dimitris Andritsos

CEO of Eurobank Property Services S.A Eurobank Property Services
Fitch Ratings upgraded the long-term debt ratings of bonds issued by Eurobank and National Bank - carrying a state guarantee- to B- from CCC.

 

The credit rating agency also upgraded the short-term debt of Eurobank's bonds (also carrying a state guarantee) to B from C.

This move follows an upgrade of Greece's long-term credit rating in foreign currency to B- on August 18, 2017.

These ratings reflect the expectation that Greece will meet the guarantees offered to bondholders.

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