Saturday, April 20, 2013

Greece’s Hellenic Petroleum to Meet Investors for Debut Bond

Hellenic Petroleum SA (ELPE), Greece’s largest refiner, is said to be planning its first bond sale.
The unrated company is arranging investor meetings in Zurich, Geneva, London and Athens starting April 23, according to a person familiar with the deal who asked not to be identified because the details are private. The Athens-based refiner would be the first Greek company to issue bonds since Hellenic Telecommunications Organization SA (HTO) sold 700 million euros ($916 million) of five-year bonds in January. 


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Bloomberg