Hellenic Petroleum prepares quick return for €300m bond

Refinery pipes 230x150
By Olivier Holmey
26 Jun 2014

Hellenic Petroleum, the unrated Greek oil refiner, has launched a €300m five year bond, just over a month after pricing a $400m unsecured Eurodollar bond.

Demand for the previous bond exceeded $1.4bn, the bank said in a statement at the time, adding that institutional investors accounted for half the demand.

That deal was just one of several high yield bond deals from Greek companies issued in May. They included transactions from Greece's other ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial