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The bond was oversubscribed, raising €100 million - The yield was set at the lower limit of 5.5% | TheGreekDeal.com
Ideal Holdings
The bond was oversubscribed, raising €100 million - The yield was set at the lower limit of 5.5%
The final yield of the bonds was set at 5.50%, with an annual interest rate of 5.50%. It is worth noting that the company had initially indicated a yield range between 5.5% and 5.9%
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Lambros Papakonstantinou, President. Ideal Group

The equivalent of Ideal Holdings 100 million euros bond was oversubscribed by 1.89 times. As stated in its announcement, the company noted that the total valid demand from investors participating in the Public Offering amounted to 188.58 million euros.

The final yield of the bonds was set at 5.50%, with an annual interest rate of 5.50%. It is worth noting that the company had initially indicated a yield range between 5.5% and 5.9%

The total valid demand from investors that participated in the Public Offering was €188.58 mil., resulting in an oversubscription of the Issue by 1.89 times.

The offering price of the Bonds is at par, namely at €1,000 per Bond. The final yield of the Bonds was set at 5.50% and the Bonds’ interest rate at 5.50% per annum.

The Bonds were allocated as follows: a) 60,000 Bonds (60% of the total number of issued Bonds) to Retail Investors, and b) 40,000 Bonds (40% of the total number of issued Bonds) to Qualified Investors.

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