Feb 20 • 19:50 UTC 🇬🇷 Greece Naftemporiki

Capital Clean Energy Carriers: Strong oversubscription of the €250 million bond by 1.75 times

Capital Clean Energy Carriers successfully completed a public offering, raising €250 million with an oversubscription of 1.75 times.

Capital Clean Energy Carriers has concluded its public offering, successfully raising €250 million through the issuance of 250,000 bonds with a nominal value of €1,000 each. The demand observed from investors reached €438.42 million, indicating a robust oversubscription of the bond issue by a factor of 1.75. The sale price of the bonds was set at par value, meaning each bond was sold for €1,000, with a final yield established at 3.75% and an annual interest rate also fixed at 3.75%.

The distribution of the issued bonds was notably skewed towards individual investors, with 186,000 bonds (74.4% of the total) allocated to them, while 64,000 bonds (25.6% of the total) went to specialized investors. This large interest from both individual and institutional investors underscores the confidence in Capital Clean Energy Carriers and its business model in the emerging clean energy sector. The participation of reputable financial institutions like Piraeus Bank and Alpha Bank in the offering further solidifies the credibility of this emission.

In light of the increasing demand for clean energy solutions and the supportive regulatory environment in Greece, this successful bond issue may serve as a pivotal step for Capital Clean Energy Carriers in financing its projects aimed at promoting renewable energy initiatives. It reflects both the growing investor appetite for sustainable investment opportunities and the potential for growth within the renewable energy sector in Greece and beyond.

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