Japan Tobacco, the world’s second biggest multinational in the sector, is the new owner of Greek tobacco company SEKAP, after the $1.6 billion deal Russian-Greek entrepreneur Ivan Savvidis reached with the 33 percent state-owned Japanese firm for the sale of Donskoy Tabak, which bought SEKAP in 2013.

04.03.2018 / 21:20

Investment interest in the Greek stock market appears to be experiencing a revival after a long time, with the prestige of the local bourse having taken a hard knock from the 1999 bubble and the continuing financial crisis.

23.02.2018 / 21:48

The deterioration of Greece’s country risk, recently reflected in the increase in sovereign bond yields after the issue of the seven-year bond on February 9, has also had a negative impact on Greek corporate bonds on the platform of the Athens Exchange.

20.02.2018 / 22:15

The Greek bonds market has deteriorated further this week following the Eurogroup’s decision to postpone the payout of the 5.7-billion-euro bailout tranche to Greece and the disagreement between Finance Minister Euclid Tsakalotos and European Central Bank President Mario Draghi.

05.02.2018 / 21:50

The Athens bourse looks set to see a revival of trading in corporate bonds for the next couple of months at least. Kathimerini understands that four new bulletins were submitted to the Capital Markets Commission last week, with the aim of raising a minimum of 100 million euros in total.

29.01.2018 / 22:35

The Greek state is soon set to test the money markets for the first time this year through a seven-year bond issue, expected in the next couple of weeks, with the aim of raising 3 billion euros.

29.12.2017 / 10:27

The likely bankruptcy of tobacco company SEKAP is to be decided at the administrative court of Komotini, northeastern Greece, at noon on Friday, following the company’s decision on Thursday to stop paying its dues if the verdict does not go its way.

01.12.2017 / 22:33

The few strong export-oriented groups listed on the Greek stock market have not only sustained but in several cases also improved their profits in the third quarter of 2017, and are preparing to end their best year in terms of fundamentals since the outbreak of the crisis just under 10 years ago.

16.11.2017 / 10:44

The process of swapping 20 bonds stemming from the Greek debt restructuring of 2012, or private sector involvement (PSI), began on Wednesday with the issue of new securities.

08.11.2017 / 18:09

Banks appear reluctant to proceed with new corporate bond issues scheduled by the end of the year due to the outflow of deposits they entail in what is a difficult period given that the capital controls remain in place.

01.11.2017 / 22:44

Greek state bond yields have shown a significant decline since the start of the week, as, according to Bloomberg, November 13 is the most likely date for the new issues that will replace the paper stemming from the Greek debt restructuring of 2012, or private sector involvement (PSI).