LAMDA DEVELOPMENT S.A. in accordance with Law 3556/2007 and Regulation (EU) 596/2014, announces that the Board of Directors of the Company, during its meeting on 29 June 2022, resolved on the issuance of a “Green” common bond loan, amounting up to €230,000,000, with a minimum amount of €200,000,000, with a duration of seven (7) years, in accordance with the provisions of articles 59-74 of Law 4548/2018, as in force, and the provisions of Law 3156/2003 that remain in force, the offering of the bonds of the Bond Loan to investors in Greece by way of a public offering and the admission of the Bonds to trading in the Fixed Income Securities Segment of the Regulated Market of the Athens Exchange.
The Bond Loan
will be issued based on the Green Bond Framework of the Company, which was
drafted in accordance with the international Green Bond Principles adopted in June
2021 by the International Capital Markets Association (ICMA), it was approved and
adopted by the Board of Directors of the Company during the above meeting.
Further information on the Company, the terms of the Bond Loan and the Public Offering will be included in the Bond Loan Programme and in the Prospectus drafted in accordance with Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017, the Commission Delegated Regulations (EU) 2019/979 and 2019/980 of 14 March 2019, as well as Law 4706/2020, as in force.
Investors will be informed with a further announcement regarding the approval of the Prospectus by the Hellenic Capital Market Commission and its availability to the public. The timetable of the issuance of the Bond Loan and the Public Offering of the Bonds will be determined in the near future.
The Company will update the investing public,
in accordance with applicable law, on the issuance of the Bond Loan with further
announcements.
