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Friday, May 31, 2013

Greek Alpha Bank hits recap target rights issue oversubscribed- sources

ATHENS | Fri May 31, 2013 12:25pm EDT
ATHENS May 31 (Reuters) - Greek lender Alpha Bank's 457 million euro rights issue was oversubscribed by 1.5 to 1.6 times, two senior bank officials told Reuters on Friday after the offering's subscription period expired.
Alpha is the first of the country's top three banks to meet a requirement to raise at least 10 percent of its new ...

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