Final approval for €150 million Attica Group corporate bond issue imminent

The Hellenic Capital Market Commission (HCMC)  is reportedly ready to finalize a review of Attica Group’s investor bulletin for a corporate bond worth 150 million euros, naftemporiki.gr reports.

According to information gathered by “Naftemporiki” newspaper, the raised capital is expected to finance the group’s loan restructuring and a new investment plan.

The international ferry boat operator  has previously issued a corporate bond that was completely covered by the Fortress fund, with raised capital financing a restructuring of Attica subsidiary Blue Star Ferries’ debts.

According to sources that spoke with “Naftemporiki”,  the corporate bond is unrelated to reports of interest in the purchase of the ferry operator’s shares.

MIG group, which is the owner of Attica Group, recently said it was examining various alternatives to restructure and reduce loan obligations through the sale of share packages to investors.

Besides the investment fund, other reports have noted an interest by the rival Grimaldi group.

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinations Greek travel marketGreek tourism statisticsGreek tourism report

 

+ posts

Subscribe to our Newsletter

Follow Us

NEWS FEED

Visit Vavoulas Website
Amaronda Hotel — Book Online