Daios Plastics ABEE signs contract to issue a fully secured common bond loan worth 11,713,500 euros

Daios Plastics ABEE announced the signing of a contract to issue a fully secured common bond loan worth 11,713,500 euros. Piraeus Bank will act as organiser of the issue, while Piraeus Bank and Alpha Bank will participate in the issue. The bond loan will have a maturity of seven years. The proceeds of the issue will be used to refinance Daios Plastics existing short-term bank loans.

Hellas Holiday Hotels SA, a subsidiary of Daios Plastics, also signed a contract to issue a fully secured common bond loan worth 63,919,425 euros. Alpha Bank will be the organizer of the issue, while Piraeus Bank, Eurobank and Alpha Bank will participate in the issue. The proceeds of the seven-year bond will be used to refinance the company’s existing bank loans.