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- Commencement of trading of LAMDA Development’s new Common Bond
Commencement of trading of LAMDA Development’s new Common Bond
The Athens Stock Exchange today welcomed the Management, executives, and partners of LAMDA Development to mark the commencement of trading of the company’s new bond on the Regulated Market of the Athens Stock Exchange. The company’s CEO, Mr. Odysseas Athanasiou, officially opened the trading session by ringing the traditional bell.
In his remarks, the CEO of the Athens Exchange Group, Mr. Yianos Kontopoulos, stated: “The exceptionally strong demand for LAMDA’s new bond issuance represents a clear vote of confidence from investors in the company and its outlook. This is LAMDA Development’s third bond, following the successful issuances of 2020 and 2022, and the third bond in 2025 to commence trading on the Athens Stock Exchange. LAMDA Development is a distinguished example of a listed company that consistently leverages the financing opportunities provided by the Exchange.”
The CEO of LAMDA Development, Mr. Odysseas Athanasiou, added: “We sincerely thank the investment community for the enduring trust it places in the LAMDA Group, which is once again evident from the significant oversubscription of this bond—the third we have issued in the past five years. Interest from retail investors reached a new record, independently oversubscribing the final issuance amount of €500 million, the largest bond in our history. We remain committed to continuing with the same intensity, dedication, and enthusiasm to create value through our projects for the economy and society.”
The President of the Hellenic Capital Market Commission,Mrs. Vasiliki Lazarakou, commented: “We are particularly pleased that the Greek capital market can actively support businesses by enabling them to raise low-cost capital to implement their strategic plans. LAMDA is currently delivering the largest urban regeneration project in Europe—an investment that leaves a significant imprint on the Greek economy and enhances our tourism offering. The Hellenic Capital Market Commission supports, and will continue to support, initiatives that contribute to the development of the capital market and the Greek economy.”