The Financial Stability Fund announced, with respect to the Stock Capital Increase (SCI) of Eurobank, that it approved the bid submitted by the Institutional Investor Group today, which includes: Fairfax, Capital Research and Management, Wilbur Ross, Fidelity, Mackenzie, and Brookfield.

Investors and Eurobank agreed to conclude an “Institutional Investor Agreement” and together, signed up to participate in the registration process of new shares totaling 1.332 million (representing 47% of the SCI) on the price of 0.30 euros per stock, as stated by the FSF.

The rest of the SCI, as defined on April 12th 2014 by the Eurobank General Assemble, will be covered by the procedure of offers bookbuilding for institutional and other qualified investors abroad.