LAMDA DEVELOPMENT S.A. announces that the Company’s Board of Directors , at its meeting on May 22 , 2026 , resolved to issue a senior bond issue in an amount of up to €350 million, with a minimum amount of €330 million, and a term of seven (7) years, in accordance with the provisions of Law 4548/2018 (the “Bond Loan”), the offering of the bonds of the Bond Loan (the “Bonds”) through a public offering to the investing public in Greece (the “Public Offering”) and the listing of the Bonds for trading in the Fixed Income Securities Category of the Regulated Market of Euronext Athens, confirming a previous report by Euro2day.gr.
Further information regarding the Company, the terms of the Bond Issue, and the Public Offering will be included in the Bond Issue Prospectus and the Prospectus prepared in accordance with Regulation (EU) 2017/1129 of the European Parliament and of the Council of June 14, 2017, as well as the applicable provisions of Law 4706/2020, as in force (the “Prospectus”), regarding its approval by the Hellenic Capital Market Commission and its distribution, investors will be informed in a subsequent announcement.
The timeline for the issuance of the Bond Loan and the Public Offering of the Bonds will be determined in the near future, depending on prevailing conditions in the capital markets.
The Company will keep investors informed, in accordance with applicable law, regarding the issuance of the Bond Loan through subsequent announcements.
Subject to the successful issuance of the Bonds, the Company intends to use the proceeds from the Bond Issue, among other things, for the full repayment of its €320 million public bond issue listed as of July 6, 2020.
Early redemption of a €320 million bond issue
LAMDA Development S.A. (the “Company” or the “Issuer”) announces that its Board of Directors, by its resolution dated May 22, 2026, approved the early redemption of the entire Public Bond Loan issued on July 6, 2020, with a principal amount of €320 million(the “2020 Bonds”), subject to the successful issuance of a new listed bond issue, through which the necessary funds will be raised to refinance the 2020 Bonds.
Subject to the above condition, the Issuer intends to proceed with the early redemption of the entire principal amount of the 2020 Bonds on July 21,2026, which is the maturity date of the 12th Interest Period, by exercising in advance the early redemption right provided for in Clause 9.3 of the 2020 Bond Loan program.
It is clarified that in the event of the cancellation of the issuance of a new listed bond issue, the Issuer will not exercise the right to early redemption of the 2020 Bonds.