EFG Eurobank Ergasias closed its €3.3 billion ($4.2 billion) Greek securitization of receivables. The transaction was arranged by Citigroup and Deutsche Bank.

The deal, Anaptyxi SME II 2009-1,is the first Greek securitization of receivables arising from a portfolio comprising 100% Allilohreos loans. These are a type of Greek revolving loans to small and medium businesses and large corporates. It’s the second deal from Eurobank EFG containing such assets. The class A Notes were rated 'A1' by Moody's Investors Service.

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