Emma Delta’s ‘aggressive’ €400m OPAP bond nears London close

By Jon Hay
30 Sep 2013

Jefferies will close books at 5pm London time today for the €400m unrated high yield bond issue that finances the privatisation of 33% of OPAP, the Greek state lottery and football betting operator.

Meetings with US investors are still going on today and they will be able to come into the book until 10am New York time tomorrow.

The bond, to be issued by Emma Delta Ltd, finances the acquisition of the government’s stake in the listed company for €622m upfront ...

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