Greece will proceed with an auction for the reopening of GGB 3.625% 15/06/2035

Macro/Political:

• Greece will today proceed with an auction for the re-opening of the GGB 3.625% with maturity June 15, 2035 (ISIN:GR0124041758). The amount to be auctioned is up to EUR 250mn.
  Source:PDMA

• Greek PM Kyriakos Mitsotakis announced yesterday, at the Athens International Investor Summit, the establishment of the Hellenic Innovation and Infrastructure Fund (HIIF). Its creation marks the transformation of the Hellenic Growth Fund into a modern sovereign wealth platform. The HIIF will channel investments into key sectors of the new economy, starting with an initial capital of EUR 303 million and the capacity to leverage up to EUR 1 billion. The fund’s preparation and implementation were supported by BlackRock Financial Markets Advisory.
  Source: Naftemporiki print edition (17 September, pg 4)

Markets:

• Aegean’s revenues for 1H25 reached EUR 787 million, marking an increase of 5%(y-o-y). EBITDA stood at EUR 156.2 million, increased by 6%(y-o-y.). Net profit was EUR 47.9 mn recording an increase of 109% (y-o-y).
  Source: ATHEX