EFG Eurobank Ergasias SA ADR (EGFEY)

[Enterprising Investor]

Greece's Eurobank prices share offering at 0.01 euros per share (11/18/15)

Nov 18 Greece's third-biggest lender Eurobank priced its share offering at 0.01 euros per share, or 1 euro per share after one-for-100 reverse share split, the bank said in a statement on Wednesday.

The share offering, to fill a 2.04 billion euro capital shortfall revealed in a European Central Bank health check, was oversubscribed, the bank said in a statement. Officials at the bank had told Reuters the orders reached 2.6 billion euros ($2.77 billion). (Reporting by George Georgiopoulos; Writing by Karolina Tagaris)

http://www.reuters.com/article/2015/11/18/greece-eurobank-idUSL8N13D4C420151118#vXv1z4523yVGfqME.97