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GREconomy3 days ago

Bond raises €500 mln for Athens airport

Athens International Airport (AIA) has issued a seven-year senior unsecured bond worth €500 million, marking its first international bond offering since listing on the Athens Stock Exchange in 2024. The funds will be used to refinance existing bank debt, diversify funding sources, and support other operational needs. The bond offering received over €2.6 billion in orders, indicating strong demand. AIA stated that the transaction was supported by its investment-grade credit rating and aims to expand its investor base and financing options.

Athens International Airport (AIA) has raised €500 million through a seven-year senior unsecured bond issue, the company said Thursday, marking its first international bond offering since listing on the Athens Stock Exchange in 2024.

The proceeds will be used to refinance part of the airport operator’s existing bank debt, diversify funding sources and for other purposes, it said.

The offering attracted orders of more than €2.6 billion during the bookbuilding process, making it more than five times oversubscribed, according to the company.

AIA said the transaction was supported by its investment-grade credit ratings and broadens its access to international debt markets.

The operator, which manages Greece’s busiest airport, said the bond issue expands its investor base and represents a further step in its post-listing financing strategy.

Read the full article at ekathimerini.com →
Source document: Athens International Airport (AIA)

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ekathimerini.comIndependentCenter3 days ago
Bond raises €500 mln for Athens airport

Athens International Airport (AIA) has issued a seven-year senior unsecured bond worth €500 million, marking its first international bond offering since listing on the Athens Stock Exchange in 2024. The funds will be used to refinance existing bank debt, diversify funding sources, and support other operational needs. The bond offering received over €2.6 billion in orders, indicating strong demand. AIA stated that the transaction was supported by its investment-grade credit rating and aims to expand its investor base and financing options.

Bias read (Center): The article provides factual information about a financial transaction involving Athens International Airport without taking a stance or using biased language. It focuses on the economic activity and does not present any political commentary or favoritism toward specific parties or policies.

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