Greece’s Public Power Corporation (PPC) will foray into the market by issuing a 500 million euro bond, with the offer scheduled to kick off on October 21st.
The company is set to issue senior notes—a type of bond that takes precedence over other debts if the company declares bankruptcy and is forced into liquidation—and will go on a roadshow with the note of a 500 million-euro nominal value to mature in 2031.
According to the relevant announcement, the yields from the offering called “Offering” will be used to finance ongoing capital expenditure projects by the country’s largest electric power company and those of its subsidiaries and cover the costs and expenses related to the offering.
There is no guarantee that the offering will be completed nor that the previously mentioned amount will be raised.
The company plans to list the bonds on the Euronext Dublin stock exchange for trading on its Global Exchange Market or on another suitable trading platform within the European Union.
The following banks and financial institutions will serve as the book-runners:
Citigroup Global Markets Europe AG, Goldman Sachs Bank Europe SE, and HSBC Continental Europe are acting as joint Global Coordinators and Joint Bookrunners with BNP Paribas, Deutsche Bank, Nomura Financial Products Europe GmbH, Société Générale, along with Alpha Bank S.A., Eurobank S.A., National Bank of Greece S.A., Optima Bank S.A., Piraeus Bank S.A., Ambrosia Capital S.A., AXIA Ventures Group Limited, and Euroxx Securities S.A.
The PPC bond offering roadshow will commence on October 21, 2024.
Source: tovima.com
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Eurostat: Greece’s Inflation at 3% in February – Eurozone at 2.4%
In the eurozone, inflation stood at 2.4% in February, compared to 2.5% the previous month.
U.S. Orders Suspension of Offensive Cyber Operations Against Russia
The suspension of these operations is part of a broader review of U.S. activities concerning Russia, and its duration remains uncertain, The New York Times reported.
Exquisite Bronze Griffin Head Repatriated
The artifact is one of the finest cast-bronze griffin heads in existence according to the Metropolitan Museum of Art
Kites, Carnival, and Reflection: Greece Marks Clean Monday, Lent
First day of Great Lent on the Orthodox calendar - Clean Monday - is celebrated with family gatherings and picnics, with Lenten dishes comprised of seafood, legumes and unleavened bread
Israel Halts Gaza Aid Amid Ceasefire Standoff
Israel has announced a halt to all humanitarian aid entering Gaza
Mitsotakis Acknowledges Tempi Protests, Pledges Reform
Prime Minister Kyriakos Mitsotakis acknowledged the record-breaking demonstrations and national strike about the Tempi tragedy in his weekly social media post.
Report: Greater Athens Office Space in High Demand
In the Athens office sector there are currently plans for new developments with a total area of more than 108,050 sqm
First Meeting in D.C. Between Rubio, Greek FM Gerapetritis
State Dept. spox: Greece is a valued NATO Ally and critical to regional stability
On This Day in History: Chemical Structure of DNA Discovered
The double-helix model revealed how DNA replicates and how genetic information is passed from one generation to the next.
Digital Work Card for Tourism Sector Comes into Effect
The initiative aims to tackle the nagging problem of undeclared or partially declared labor
![Airbnb: Στα ύψη οι κρατήσεις το 2025 – Το σήμα που στέλνει η αγορά [γράφημα]](https://www.ot.gr/wp-content/uploads/2024/12/airbnb-1-90x90.jpg)
![Ξενοδοχεία: Πόσες νέες πολυτελείς μονάδες άνοιξαν στην Ελλάδα – Οι περιοχές που πρωταγωνίστησαν [πίνακας]](https://www.ot.gr/wp-content/uploads/2025/03/Mövenpick-Resort-Agios-Nikolaos-Sivota-4-90x90.jpg)
![Airbnb: Στα ύψη οι κρατήσεις το 2025 – Το σήμα που στέλνει η αγορά [γράφημα]](https://www.ot.gr/wp-content/uploads/2024/12/airbnb-1-600x400.jpg)
