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Economy · Cyprus
GEK Terna raises €660 million for new investment cycle.
2 sourcesFirst reported 21 days agoUpdated 20 days ago
Right 100%
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What all sources covered
- ΓΕΚ Τέρνα successfully raised €660 million through an accelerated book-building process.
- The capital increase was significantly oversubscribed, with offers totaling nearly €3 billion.
- The funds will be allocated towards investments in infrastructure, concessions, energy, water, and defense projects.
- International investment portfolios demonstrated strong confidence in the company during this funding round.
- This marks the first capital raising effort by a Greek corporate group of this magnitude.
2 sources
Who reported first
Proto ThemaFirst
Naftemporiki+22h
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