Stock Exchange: "Rain" of bonds with imports worth 4.5 billion euros
Corporate bond issues continue at a steady pace in the Athens Stock Exchange, with Capital Clean Energy Carriers' recent listing marking the 21st introduction in five years.
The Athens Stock Exchange is experiencing a significant wave of corporate bond issues, highlighted by the recent listing of Capital Clean Energy Carriers, which marks the 21st bond introduction in a span from March 2021 to February 2026. The current financial climate is favorable for both listed and non-listed entities, as the European Central Bank's decision to return interest rates to neutral levels (2%) coincides with a rising demand for funding ambitious business plans, driving a surge in bond issuance.
Investors are also benefiting from this trend, as they can place capital in securities offering substantially higher returns compared to government debt or bank deposits. This dynamic creates a robust investment environment as more companies enter the bond market to raise funds. The recent introduction of Capital Clean Energy Carriers comes just two months after the Aktor Group raised 140 million euros through a similar bond listing in December, indicating a growing confidence in corporate financing options within Greece.
Overall, this bond issuance trend reflects a broader economic recovery in Greece, showcasing an evolving landscape in corporate financing and investment opportunities. As companies seek innovative ways to finance their operations amid changing interest rates, both issuers and investors are poised to capitalize on the favorable conditions in the bond market, potentially gearing up for more significant financial activities in the future.