Nicosia, Cyprus. Ellinas Finance Public Company Limited said its board has extended the issuance period for its Series F Bond and proceeded with a second tranche to strengthen its capital base.
Extension of issuance period
The company said the decision follows an earlier resolution dated November 17, 2025. The issuance period and tranches of the Series F Bond were extended until November 15, 2026, subject to the consent of the trustee.
Second tranche details
Ellinas Finance confirmed the issuance of a second tranche through the placement of 45 non-convertible, secured bonds with a total value of €45,000. The bonds were issued in accordance with the terms and conditions of the trust agreement signed on November 17, 2025, as part of the broader Series F programme.
The second tranche carries an annual interest rate of 5 per cent and a duration of five years. Each bond has a nominal value of €1,000, with a release date of April 30, 2026 and a maturity date of November 18, 2030.
Interest payments will be made annually every November 18, according to the company.
Series total and placement method
Following the latest issuance, the aggregate value of the Series F Bond stands at €385,000, the company said.
It added that the bonds were offered to a limited number of investors, fewer than 150, through a private placement conducted at the discretion of the board.
How do you think the private placement approach could affect investor participation in the bond programme?
