Greece will not accept bids below 7.55 euros/share in National Bank equity offering
Adds lower limit per share at 7.55 euros
ATHENS, Oct 2 (Reuters) -Greek bank bailout fund HFSF said on Wednesday that it will not acceptbids below 7.55 euros per sharein an equity offering of National Bank of Greece NBGr.AT,citing strong demandby investors.
HFSF is selling a 10% stake in National Bank, Greece's second largest bank by market value, through a book-building process and a public offer in Greece which ends at 1300 GMT.
The bailout fund earlier on Wednesday narrowed the pricerange for the share offering to between 7.40 and 7.65 euros per share.
The offering was oversubscribed by more than 11 times by late Tuesday, a source with knowledge of the matter told Reuters.
Reporting by Lefteris Papadimas; editing by Jason Neely and Chizu Nomiyama
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