Sani/Ikos Resorts Group is today launching an auction for a €350 million bond issue. The bond is a 6-year bond, callable at 2 years (6NC2).

Preliminary pricing considerations are in the range of 7.5-7.75%.

Morgan Stanley and Deutsche Bank are the main underwriters of the issue, while c0-managers are Alpha Bank, Eurobank, National Bank and Piraeus Bank.