“BANK OF PIRAEUS”, “ALPHA BANK” and “EUROXX SECURITY A.E.P.E.Y.”, as Coordinators Main Underwriters of the Public Offer for the issuance of a Joint Bond Loan, with the guarantee of “CAPITAL PRODUCT PARTNERS LP”, and the listing of the Bonds issued by the company “CPLP SHIPPING HOLDINGS PLC” (the “Company”) for trading in the Fixed Income Securities Category of the Regulated Market of the Athens Stock Exchange, announce that, after the completion of the Public Offer on 22.07.2022 , and according to the aggregate allocation data produced using the Electronic Offer Book of the Athens Stock Exchange, a total of 100,000 intangible common anonymous bonds of the Company with a nominal value of €1,000 each (the “Bonds”) were allocated, resulting in the raising of funds of €100 million
THE total valid demand manifested by investors, who participated in the Public Offering, amounted to €359.49 million. The broad response of the investing public resulted in the Public Offering being covered 3.6 times and the total number of participating investors reaching 7,257.
The sale price of the Bonds has been set at even, i.e. €1,000 per Bond. THE final performance of Bonds was set at 4.40% and the interest rate of Bonds at 4.40% per annum.
The Bonds were allocated based on the valid demand expressed for the yield of 4.40% as follows:
a) 78,000 Bonds (78.0% of all Bonds issued) to Private Investorson a total number of 229,289 Bonds for which a valid demand was expressed (i.e. 34.0% of the expressed demand was satisfied in the specific category of investors and the specific performance) and
b) 22,000 Bonds (22.0% of all issued Bonds) to Special Investors on a total number of 127,200 Bonds for which a valid demand was expressed (i.e. 17.3% of the expressed demand was satisfied in the specific category of investors and the specific yield).
Also, out of the 22,000 Bonds allocated to Special Investors, the Underwriters received 6,000 Bonds for their own account as follows:
Pursuant to the underwriting agreement, the Underwriters did not undertake any obligation to underwrite the Bonds.
Source: Capital
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