Performance range from 3.20% to 3.50% are provided by the Common Bond Loan Confesses (COs) with a total nominal value of € 500,000,000, which will be available through public offer by the GEK TERNAas the company In today’s (22.9.25) announcement.
The public bid will take place from Tuesday 23 September 2025 until Thursday, September 25, 2025. Interested investors, whether specialist or individual, will be able to participate in the company’s offer. GEK TERNA’s bond loan will last 7 years and will be issued in up to 500,000 intangible, common, nominal bonds worth € 1,000 each. The minimum coverage for the version is set at € 350,000,000, while the total amount of the version can reach € 500,000,000, depending on demand.
The bonds will be imported to the Athens Stock Exchange’s fixed income titles, allowing investors to negotiate confessions in the secondary market after the bid is completed.
Determination of performance and interest rate
The yield and the interest rate on the bonds will be determined through the “Book Building” process and will range from 3.20% to 3.50%. The final performance will depend on the demand and market conditions, and will be announced no later than the next business day after the end of the public offer period.
The process of the e -book (USA) will allow special investors to be registered from the first to the last day of the offer. In particular, the special investors’ bids will be accepted in accordance with their desired returns, while private investors will take place in the minimum width, ie 3.20%.
Distribution of bonds
The distribution of bonds to investors will be in accordance with the following categories:
- At least 30% of bonds (or 150,000 bonds in full coverage) will be available to private investors.
- The remaining percentage (up to 70%) will be distributed between special investors and private investors.
- The distribution of bonds will depend on the demand in every category of investors, but also on the need to ensure the smooth negotiation of bonds in the market.
Participation strategy
In order for private investors to participate, they must submit the cover request through the UNIP Service, either directly to the contractors’ stores or through their securities accounts. Each investor can register for at least one confession, while the maximum participation limit is the total offer (500,000 bonds).
The registration process will take place at strict time limits, and private investors will submit their participation in the specified hours of the UNIP, which will last from 10:00 am. until 5:00 pm For the first three days, and until 4:00 pm the last day.
Strategy for special investors
Special investors will participate through the same process, specifying their desired performance within the performance range of 3.20%-3.50%. The final number of bonds that each special investor will take on will depend on the overall demand and distribution strategy followed by the coordinator main contractors.
Significant timetables
The public bid will begin on September 23, 2025, and interested investors have the opportunity to submit coverage applications until Thursday, September 25, 2025. The UBP process process. It will remain open from 10:00 am until 5:00 pm In the first two days, with the last day (September 25) closing earlier, at 4:00 pm