Alpha Bank has completed its second shipping securitisation transaction and raised $250m.
Following the inaugural shipping issuance in 2014 with Citi, the Greek bank said it has once again enhanced and diversified its liquidity position.
Alpha Bank added this is the only transaction placed by a Greek bank and one of the very few such deals globally.
It is a non-recourse four-year term dollar funding and will give Alpha Bank’s shipping clientele the chance to execute complex deals.
