MONETA Money Bank, a.s., Wüstenrot - stavební Sporitelna a.s., Wüstenrot hypotecní banka a.s. - M&A Call Transcript
Welcome to MONETA Money Bank. Request, this conference will be recorded. (Operator Instructions) May I now hand you over to Tomáš Spurný. Please go ahead, sir.
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Good morning, ladies and gentlemen, evening for us. It is
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to be at minimum or higher than EUR 205 million. So we're buying the business at a discount. In addition to that, we allow the seller prior to closing, to take out dividend
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the funding capacity of the bank, and I'll comment on the nature of the products a little bit later on. From a capital perspective, the acquisition will consume estimated CZK 5.3 billion of our existing capital. This is based on a calculation, which shows that we will add in terms of risk-weighted assets, estimated CZK 33 billion of RWAs. In terms of financing the acquisition and subsequent growth capacity of MONETA Group, we will seek to issue additional Tier 2 bonds.
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