The Athens Stock Exchange welcomed today the Management and executives of the company Lamda Development SA on the occasion of the listing for trading of its Green Bond Loan. The managing director of Lamda Development, Odysseas Athanasiou, announced the start of the meeting by ringing the traditional bell.
“Today is an important day for us at Lamda Development, as the trading of our first Green Bond begins on the Athens Stock Exchange. I would like to thank the investing public for the vote of confidence they have given us. the participation of more than 14,000 private individuals is a record for Greek data. Lamda Development, honoring the trust of the investing public, decided in the final distribution, 73% of the book to be distributed to private individuals” stressed the managing director of Lamda during his greeting Development Odysseas Athanasiou, adding: “The management and executives of Lamda Development, with a sense of responsibility we promise that we will continue with the same intensity, dedication and enthusiasm the unceasing effort to meet everyone’s expectations for this landmark project for the country and to ensure and strengthen the interests of the investing public”.
The managing director of the Athens Stock Exchange Group, Giannos Kontopoulos, referred to the significant success of the public offering, which was reflected both in its oversubscription and in the large participation of private investors, elements that are practical and clear proof of the investment public’s confidence in the project’s prospects regeneration of Hellinikon, but also the auspicious course of the Lamda Development company in general. “Today’s bond loan has one more feature that gives it added value: It is a Green bond. This means that the funds raised will be directed to eligible investment categories such as the development of Sustainable Buildings and Sustainable Urban Outdoor Spaces, Green Energy and Smart Cities. In addition, today’s bond of LAMDA Development is the 5th that will now be displayed on the ATHEX BONDS GREENet Platform of the Athens Stock Exchange, in order for investors to have access to all the information related to future ESG actions of the company. So on this route , the Athens Stock Exchange is once again emerging as an essential source of financing for Greek businesses, contributing in this way to the stimulation of the Greek economy. Today’s particularly successful issuance of Lamda Development’s bond demonstrates the great potential of the domestic stock market and the contribution of in the country’s development path”.
Source: Capital
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