The public offer of the Joint Bond Loan of ELVALHALCOR was completed today with great success.
Specifically, as announced by the company, the total demand expressed by investors amounted to 734.9 million euros, ie the issue was exceeded by 2.94. At the same time, an extremely competitive return of 2.45% was ensured, which ensures a significant reduction of financial costs for the company.
In more detail, as officially announced by the company, a total of 250,000 intangible common anonymous bonds of the Company with a nominal value of € 1,000 each (the “Bonds”) were sold, resulting in the raising of € 250 million. participated in the Public Offering amounted to € 734.9 million, marking an overrun of the Issue by 2.94 times.
The offering price of the Bonds has been determined on par, ie € 1,000 per Bond. The final yield of the Bonds was set at 2.45% and the interest rate on the Bonds at 2.45% per annum. The Bonds were distributed as follows: a) 170,000 Bonds (68% of the total issued Bonds) were distributed to Private Investors, and b) 80,000 Bonds (32% of the total issued Bonds) were distributed to Special Investors.
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Source From: Capital
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