untitled design

Lamda Development: Issues a ‘green’ bond of up to 230 million euros

The issuance of a “green” common bond loan, amounting to € 230,000,000, with a minimum amount of € 200,000,000, with a duration of seven (7) years, was decided by the board of directors of Lamda Development, at today’s meeting.

The bonds of the Bond Loan (the “Bonds”) will be made available through a public offering to the investing public in Greece (the “Public Offer”), while the bonds will be admitted to trading in the Fixed Income Securities Category of the Regulated Market of Athrimata.

The Bond Loan will be issued on the basis of the Company’s Green Bond Framework, which was drafted in accordance with the International Green Bond Principles established by the International Capital Markets Association (ICMA) in June 2021, approved in June 2021 Board of the Company during the same meeting and will be available on the Company’s website: www.lamdadev.com.

Further information on the Company, the terms of the Bond Loan and the Public Offering will be included in the Bond Loan Program and in the Prospectus drawn up under Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017, of the Authorization of Regulations (EU) 2019/979 and 2019/980 of the Commission of 14 March 2019, as well as Law 4706/2020, as in force (the “Prospectus”), for the approval of which by the Hellenic Capital Market Commission and the At its disposal, the investing public will be informed with a new announcement.

The timetable for the issuance of the Bond Loan and the Public Offering of the Bonds will be formed in the near future. The Company will inform the investing public, in accordance with applicable law, about the issuance of the Bond Loan with its subsequent announcements.

Source: Capital

You may also like

Get the latest

Stay Informed: Get the Latest Updates and Insights

 

Most popular