Lamda declares bond issue for Hellinikon yielding 3,4% to 3,8%
Lamda declares bond issue for Hellinikon yielding 3,4% to 3,8%
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Lamda declares bond issue for Hellinikon yielding 3,4% to 3,8%

Lamda Development is issuing a seven-year corporate bond on Wednesday to help finance its mega-project at Elliniko, with the interest expected to range between 3.4% and 3.8%.
RE+D magazine
10.07.2020

The issue will complete the funding required for the first stage of the development at the site of the old Athens airport, fetching the construction company up to 320 million euros.

Lamda will use the cash to cover letters of guarantee related to borrowing for the Elliniko construction, the partial funding of malls at the site and the servicing of debts.