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Eurobank Holdings Expands Bond Issuance to Bolster Strategic Financial Framework

Eurobank Holdings announced this week that its subsidiary, Eurobank, has successfully executed an additional bond issuance, drawing significant interest from institutional investors. This development pertains to the bank’s high-priority fixed-rate bond series, originally issued at €500 million with a maturity in 2028, and identified by the international securities identification number XS3110850347, first issued on July 7, 2025.

Strategic Expansion Through Private Placement

Eurobank has secured an agreement with Deutsche Bank and BNP Paribas to issue an additional €200 million via private placement. This step integrates the new bonds into a consolidated series with the existing issue, aligning the terms and ensuring consistency in the bond structure. The new bonds were issued at a price of 99.817 per cent, corresponding to a yield of 2.978 per cent.

Market Integration and Timely Execution

The settlement of the newly issued bonds is scheduled for September 26, 2025, with listing on the Euro MTF market of the Luxembourg Stock Exchange. This integration not only reinforces market confidence but also exemplifies the bank’s commitment to maintaining a robust and efficient capital framework.

Aligning With Regulatory Obligations and Business Goals

The funds raised will play a pivotal role in covering obligations under the Minimum Required Eligible Liabilities (MREL) framework while also supporting Eurobank’s broader business objectives. This dual-purpose strategy underscores the bank’s focus on ensuring financial resilience and fostering sustainable growth in a competitive market environment.

Cyprus-Based ASBIS Hits Record $1.05bn In Monthly Revenue, Up 216% Year On Year

The technology distributor ASBIS Group, headquartered in Limassol, has exceeded $1 billion in monthly sales for the first time in its history, reporting preliminary consolidated revenue of $1.05 billion in September 2026, more than three times the amount recorded a year earlier.

The figure represents a 216% increase from $332 million in September 2025, making it the highest-revenue month in the company’s history.

ASBIS reported its strongest sales growth in servers and server components, while CEO Serhei Kostevitch pointed to growing demand for artificial intelligence solutions and computing infrastructure as an opportunity for the business.

For a company operating across Europe, the Middle East and Africa, September marked a new sales milestone following several months of substantial year-on-year growth.

Kostevitch attributed the record performance to the group’s existing operations, highlighting its broad product portfolio, international market presence and strong relationships with manufacturers and trading partners.

“Most importantly, this result is the outcome of our regular operating activities,” he said.

The CEO also highlighted the company’s portfolio of projects as a reason for confidence in continued AI-related development.

However, the group’s growth was not limited to AI-related technologies. Smartphones also performed strongly in September, with Kostevitch stressing that “we are growing beyond the AI segment as well.”

Kazakhstan, the United Arab Emirates and Ukraine accounted for the largest shares of ASBIS’s September revenue, followed by Slovakia and Poland.

Growth Follows Record First Half

September’s results follow a period of strong financial performance for ASBIS.

In July, the company reported preliminary consolidated revenue of $531 million, an increase of 89% compared with the same month in 2025. August brought a further rise to $604 million, up 91% year on year.

September’s $1.05 billion figure represents a substantial increase on both months, although the company has not provided a detailed breakdown explaining the acceleration.

The results also follow a record first half of 2026, when ASBIS generated approximately $2.97 billion in consolidated revenue, up 76% year on year.

Net profit after tax reached $80.6 million, compared with $19.4 million in the same period in 2025.

The second quarter was particularly strong, with revenue reaching $1.69 billion, an increase of 78.7%, while quarterly net profit more than tripled to $44.3 million.

ASBIS has emphasised that its September revenue figures are preliminary estimates and may differ from the final reported results.

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