UPDATE 1-NBG senior bond to smash through Greece's sovereign floor

UPDATE 1-NBG senior bond to smash through Greece's sovereign floor

LONDON, April 24 (IFR) – National Bank of Greece, rated Caa1/CCC/CCC, is set to break through the traditional sovereign/bank pricing barrier on Thursday as it gears up to issue a 750m five-year senior bond at a lower yield than Greek government debt.

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