Alpha Bank, Eurobank and KKR Reach Agreement to Support Greek Companies

ATHENS, Greece--(BUSINESS WIRE)--Alpha Bank, Eurobank and KKR Credit have reached a binding agreement today by which the banks agree to assign the management of credit and equity exposures to a selected number of Greek companies into a platform managed by Pillarstone. Subject to final Board approval, the European Bank for Reconstruction and Development (EBRD) is considering co-investing in partnership with KKR and the banks. The platform will provide fresh long-term capital and operational expe