The total valid demand for Aegean Airlines’ public bond issue reached €938.7 million, exceeding the issuance size by 3.75 times. Investors were offered a total of 250,000 bearer, common, registered bonds with a nominal value of €1,000 each, raising €250 million in capital. The bonds were priced at par, or €1,000 per bond, offering an annual yield and interest rate of 3.70%. Of the total bonds issued, 195,000 (78%) were allocated to private investors, while 55,000 (22%) went to institutional investors.
Aegean: Oversubscription of Bond Issue by 3.75 Times – Yield at 3.70%
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