Greek Public Power Corporation on Monday announced the successful completion of a reopening of a sustainability-linked bond issue raising 125 million euros with the interest rate of the issue falling to 3.672 pct from 3.875 pct of the initial issue last week (PPC raised 650 million euros from the market), ANA reports.
In an announcement, PPC noted that the book-building process attracted significant interest during the three-hour operation with the initial sum of 75 million euros oversubscribed by 4.5 times. In total, PPC raised 775 million euros from the five-year bond issue.
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