Goldman Sachs International

Turkey's capital markets watchdog imposed fines totaling 26.4 million Turkish liras ($3.25 million) on 10 foreign financial firms for unlawful short-selling transactions.

According to a Capital Markets Board (SPK) statement, Credit Suisse Securities Europe Limited was fined $960,500, Barclays Capital Securities Limited $867,600 and Merrill Lynch BofA International was fine $778,300.


Hellenic Petroleum (HELPE) is hastening to make the most of the favorable climate in international sovereign and corporate bond markets, especially as far as Greek securities are concerned, and has started the process for the issue of a five-year bond.

The Delphi Economic Forum is organizing a foreign direct investment round table at the Hotel Grande Bretagne in Athens on Friday which is expected to draw the attention of the business world. Several ministers will take part and the main topic will be how Greece can become a focus for investment.

Greece's biggest telecoms operator OTE is tapping debt markets with a 7-year bond, aiming to raise 500 million euros ($551.05 million), it said on Tuesday.
The bookbuilding process opened earlier on Tuesday, OTE, which is 45% owned and managed by Germany's Deutsche Telekom , said.

National Bank (NBG), Greece's second largest lender, has opened the books on a 10-year Tier II subordinated bond, with initial price estimates around 9 percent, IFR, Refinitiv's capital markets news service, said on Thursday.

Piraeus Bank secured a major capital boost on Wednesday, raising 400 million euros through a Tier II bond issue.

The interest rate amounted to 9.75 percent and the offers book, overseen by Goldman Sachs International and UBS, came to 850 million euros, as over 135 institutional investors from more than 20 countries took part in the transaction.

New Democracy leader Kyriakos Mitsotakis began a two-day visit to the US Thursday where he is expected to brief investors and outline out his vision for the Greek economy.

He is due to speak at Tufts University's Fletcher School of Law and Diplomacy in Boston Thursday, while he will meet with investors in New York Friday.

Former European Commission president Jose Manuel Barroso said on Tuesday that the danger of Grexit still looms but that it will depend on the moves of the Greek government.

Global Investment Holding has announced it will soon start the initial public offering process for its port investments in the London Stock Exchange for an expected IPO volume at around $250 million. 

The Kurdistan Regional Government (KRG) announced it is meeting investors in London this week, with an eye to a "potential transaction in the near future."