The final yield of the Bonds was set at 2.30% and the Bonds’ interest rate at 2.30% per annum.

The hotel was sold to BELTERRA INVESTMENTS, a compant of Ivan Savvidis, a year and a half ago (April 2020) for € 205 million.

The aim of the project is the development of digital interactive and multi-channel services to visitors.

The bond is listed on the Luxembourg Stock Exchange – EuroMTF Market.

The signing took place in the presence of the Minister of Finance, Mr. Christos Staikouras.

The transaction with the payment of a lump sum of €26.9 million plus interest.

NBG was awarded by CFI.co following an evaluation of the corporate governance practices it has in place.

The acquisition price amounted to €28.6 million and was funded by a combination of bank debt to “THE GRID SA” from Piraeus Bank and equity.