Issue of Autohellas Joint Bond Loan

 

The Athens Stock Exchange welcomed today the Management, executives and partners of Autohellas, on the occasion of the recent start of trading of its bond on the Main Market of the Stock Exchange, on Wednesday, January 24th. The CEO of Autohellas Mr. Evtichios Vassilakis declared the meeting open by ringing the traditional bell.


The CEO of the Athens Exchange Group, Mr. Yiannos Kontopoulos referred to the great success of the issue, as the public offer was covered 2.3 times, with the offered funds reaching 453 million. euro. “This year Autohellas completes 25 years as a listed company on the Athens Stock Exchange. At the beginning of this journey, its market capitalisation was in the region of EUR 270 million. Today, its share is part of the index of the 25 high-capitalization companies of our stock exchange, with a valuation of 660 million euros”, said Mr. Autohellas. Kontopoulos.

 

For his part, Autohellas CEO Mr. Eutyches Vassilakis stressed: “The issuance of the EUR 200 million Common Bond Loan is another important milestone in the development of Autohellas. Our goal is to strengthen our competitiveness, having at the core our people and the synergies between our group companies, as well as to support innovation and development with greater intensity. At the same time, today marks the continuation and evolution of the 25-year relationship of trust and cooperation between Autohellas and the Athens Stock Exchange. On behalf of the Board of Directors, we would like to thank all those who have supported Autohellas in this important step of its growth targeting”.
The President of the Hellenic Capital Market Commission, Ms. Vasiliki Lazarakou, congratulated Autohellas and its CEO, Mr. Vassilakis for the successful publication

 


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of the bond and said that the prospects of the Greek economy are positive, which is reflected in the growth of the Greek capital market. Ms Lazarakou thanked the Commission’s staff and stressed that the Hellenic Capital Market Commission is a supporter of all the business efforts of companies, while through its own actions it achieves the issuance of the necessary approvals within the timeframes that serve the business planning of the listed companies.