
A second public offering, this time of 100-million-euro worth of senior unsecured bonds by CPLP Shipping Holdings PLC – a wholly owned subsidiary of the Capital Product Partners L.P. group – generated impressive demand by Greek investors on Friday, as the issue was oversubscribed 3.6 times, and with offers reaching 359.49 million euro.
The final yield was set at 4.40 percent, and the interest rate at 4.40 percent annually. The bonds will be admitted to trading in the category of fixed income securities of the regulated market of the Athens Stock Exchange (ASE), and will be guaranteed by CPLP. The net proceeds of the offering are intended to be used for vessel acquisitions, debt repayment and working capital purposes. The bonds have not been, and will not be, registered under the Securities Act of 1933, as amended or the securities laws of any U.S. state or other jurisdiction other than Greece and may not be offered or sold in the United States absent registration or an exemption from the registration requirements of the Securities Act and any other applicable securities laws. The total public offering was of 100,000 bonds of a nominal value of 1,000 euro each, with a minimum subscription amount of 1,000 euro and a total duration of seven years. The issuer has the option of early repayment, part or all of the common bond loan, after the expiration of the second year, and after the end of each interest period. The issue of the common bond loan supports Capital Group’s investment program for a strategic transition to “green shipping” and the strengthening of its footprint on the global shipping market, via a modern and top-specification fleet that is continually growing.

Latest News

Public Services in Greece to Go Under Review with New Rating Tool
Public services will receive their evaluation scores and feedback directly, fostering a system of accountability and continuous improvement.

Istanbul Earthquake – Greek Prof. Concerned Major Quake Yet to Strike
Responding to concerns over whether a potential major quake in Istanbul could affect Greece, Papazachos was reassuring: “The fault extends as far as Lemnos and the Northern Sporades, but it doesn’t rupture all at once. An earthquake in Istanbul doesn’t have the capacity to directly affect Greek territory.”

Greece 4th Most Popular Summer Destination for Europeans
Southern Europe remains the top choice for Europeans at 41%, though down 8% from last year, likely due to rising temperatures and climate concerns.

Easter Sales Performance and the Source of €4–5 Million in Losses
Easter retail sales were relatively weak this year, with the only "real winners" being the livestock farmers who had lambs to sell.

Hotel Foreclosures Continue to Plague Greece’s Islands
A surge in hotel foreclosures across Greece’s islands threatens small tourism businesses, despite booming visitor numbers and record-breaking travel in 2024.

Athens Launches Task Force to Safeguard Historic City Center
The new municipal unit will ensure compliance to zoning laws, curb noise, and address tourist rental issues starting from the Plaka district.

WTTC: Travel & Tourism to Create 4.5M New Jobs in EU by 2035
This year, international visitor spending is set to reach 573 billion euros, up by more than 11% year-on-year

IMF: US Tariffs Shake Global Economy, Outlook Downbeat
IMF slashes global growth forecast to 2.8% as U.S. tariffs create uncertainty and ‘negative supply shock

First Step Towards New Audiovisual Industry Hub in Drama
The project is set to contribute to the further development of Greece’s film industry and establish Drama as an audiovisual hub in the region

Airbnb Greece – Initial CoS Ruling Deems Tax Circular Unlawful
The case reached the Council of State following annulment applications filed by the Panhellenic Federation of Property Owners (POMIDA)