Issuance of Common Bond Loan by Mytilineos S.A.
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11 July 2023 |
Issuance of Common Bond Loan by Mytilineos S.A. |
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"The results of Mytilineos' public offering clearly reflect investors’ confidence in the company, but also something more: a fundamental shift in investment sentiment in our country. It is tangible proof that the Greek market is dynamically moving forward, investing in companies with strong growth prospects," emphasized Mr. Nikos Koskoletos, Chief Financial Officer & Issuer Relations Officer at the Athens Exchange Group. He added, "Corporate bonds are just one of the essential tools that the Athens Stock Exchange offers for financing the development needs of businesses. The Athens Stock Exchange bond market is a rapidly growing sector, currently hosting 20 bonds from all key and dynamic industries of Greek entrepreneurship. We wish Mytilineos continued success in its strategic plans and growth both domestically and internationally. For our part, we remain steadfast supporters of all meaningful initiatives undertaken by listed companies. The Athens Stock Exchange can and should be a fundamental pillar for the development of the Greek economy."
Mr. Christos Gavalas, Executive BoD Member, Chief Treasury & IR Officer of Mytilineos S.A., stated during his speech: "Six years later, Mytilineos is issuing another bond, and we are deeply satisfied with its outcome and success. This strengthens our company’s capital base, but more importantly, it reinforces our vision for further international expansion and business growth. However, the most significant aspect was the trust shown to us by the investment community. We do not take this trust for granted; it was something that moved us, something that fills us with both satisfaction and responsibility. We believe that the stock market is now reopening for issuances that will enable corporate financing and drive the development of the Greek economy."
Finally, the Chair of the Hellenic Capital Markets Commission, Vasiliki Lazarakou, noted: "I would like to warmly congratulate the management of Mytilineos for the highly successful issuance of the first corporate bond of 2023, as the company demonstrated remarkable responsiveness, taking advantage of the positive momentum in the Greek market at this time. The HCMC remains committed to continuing its work in supporting the further strengthening of the capital market, which in turn contributes to the growth of the national economy."
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