31 Mar 2026
Premia expresses optimism for €150M bond launching today
- Ειρήνη Θεοφανίδου
The management of Premia Properties expresses optimism regarding the public offering of its new seven-year bond, worth up to €150 million, which launches today on the market, despite international uncertainty arising from geopolitical developments.
As Mr. Kostas Markazos stated during a presentation at the Athens Exchange, commenting on the geopolitical developments in the Middle East, “These conditions do not halt the company’s strategy. If you wait for a period of calm, you will achieve nothing.”
He added that from 2020 until today, the company has had to operate amid successive crises—from the pandemic and the war in Ukraine to rising interest rates and the latest geopolitical uncertainties.
Regarding the Bond
The public offering of the bond begins today, 31 March 2026, and will conclude on Thursday, 2 April, with yields set in the range of 4.1% to 4.4%. The nominal value of each bond is €1,000, while the minimum subscription amount has been set at €105 million.
Use of Proceeds
According to the management of the REIC, the majority of the proceeds will be allocated to the repayment of existing debt. Of the total €150 million, €100 million will be used to repay the 2022 bond, which carries a 2.8% interest rate and matures in 2027. Additionally, an amount of €45–50 million will be directed toward acquisitions and investments that the company considers “opportunities.”