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Delta Techniki raises €6,5M through bond issue

02 February 18 - RE+D Magazine
Delta Techniki raises €6,5M through bond issue

COMPANIES

ETAD.A.E.

Public entity - GREECE

IBI Group

Consultant - GREECE

Eurobank Property Services

Consultant - GREECE

NBG PANGAEA

REIΤ - GREECE

PEOPLE

Antulio Richetta

Director IBI Group

Dimitris Andritsos

CEO of Eurobank Property Services S.A Eurobank Property Services
Delta Techniki Group of Companies on Friday announced that trading of its corporate bond has begun in the Alternative Market of the Athens Stock Exchange.

 

The company raised 6.5 million euros from the bond loan, which was issued through a private placement, with the help of Wealth Fund Services and National Asset Management.

The opening trading price of the bond was 1,000 euros.

The bond has a seven year duration and carries an annual coupon of 5.50 pct. Delta Techniki said the money raised from the bond issue will be used to finance the first part of an investment programme, which includes development of a renewable energy source project with a power of more than 90 MW and promoting heating pump installations in buildings.

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