The Athens Stock Exchange today welcomed the Management, executives, and partners of GEK TERNA Group on the commencement of trading of the company’s bond issue on the Main Market. The Chairman and Chief Executive Officer of GEK TERNA Group, Mr. George Peristeris, rang the opening bell of today’s trading session.

Welcoming the guests, the CEO of the Athens Exchange Group, Mr. Yianos Kontopoulos, highlighted the significant oversubscription of the public offering, which demonstrates the investors’ trust in the company and its prospects, adding: “GEK TERNA has been listed on the Athens Stock Exchange since 1969 and is a prime example of a company that consistently leverages the financing opportunities provided by the capital market, having raised a total of €1.64 billion since 1999 through share capital increases and bond issues. With respect to bond issuances, GEK TERNA has proceeded to four bond issues to date, amounting to €1.64 billion in total. We congratulate GEK TERNA’s management on this highly successful issuance and reaffirm that the Athens Stock Exchange will always stand by its listed companies in every step of their growth journey.”

The Chairman and CEO of GEK TERNA Group, Mr. George Peristeris, warmly thanked both institutional and retail investors, emphasizing that the oversubscription of the issue demonstrates the confidence of the investment community in the Group. He noted: “We are the largest issuer in the Athens Exchange bond market and among the first to utilize it, enjoying strong trust from the investment community. The funds raised, together with our own resources, will be invested in critical sectors of the Greek economy, contributing to job creation and GDP growth. Let us not forget that the infrastructure sector and related investments generate a particularly powerful multiplier effect on the Greek economy.”

Ms. Pinelopi Lazaridou, Group CFO, Executive Director, and Executive Board Member of GEK TERNA Group, noted: “GEK TERNA’s bond attracted offers totaling €1.2 billion – the highest amount ever recorded since the launch of the Athens Exchange bond market – with more than 16,000 subscriptions from retail investors alone. The remarkable demand led to 2.4 times oversubscription. Investor confidence reaffirms GEK TERNA’s leadership in infrastructure and utilities, its strong recognition among the investment community, and at the same time underscores our firm commitment to continue the Group’s growth trajectory for the benefit of all stakeholders.”

From his side, the CEO of Alpha Bank, Mr. Vassilis Psaltis, stated: “On behalf of all the banks that supported GEK TERNA in this endeavor, I would like to extend my congratulations for the successful completion of a project that involved two major challenges: a very tight timeframe and the fact that GEK TERNA had just completed an 18-month corporate transformation. I would like to underline the crucial contribution of all participating banks, and particularly the Hellenic Capital Markets Commission to the achievement of this great success.”

The President of the Hellenic Capital Markets Commission, Ms. Vasiliki Lazarakou, underlined: “The listing of the bond reflects both the confidence in the company and the ability of the Greek capital market to support businesses by providing the necessary liquidity for implementing their investment plans in Greece and abroad. The terms of this bond issue are significant. The funds were raised at an attractive interest rate, driven by significant interest from retail investors. From our side, we will continue striving to ensure that the capital market fulfills its mission and to see more corporate actions that strengthen the investment plans of listed companies.”

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