The yield range for the Seanergy bond has been set between 4.9% and 5.2%; the public offering for the bond begins on Monday and will conclude on Wednesday.
The final yield and coupon rate of the bonds will be determined through the “book-building” process, which will be managed by the Lead Managers and conducted via the H.B.I.P. procedure. Only Qualified Investors (as defined below) may participate in the book-building process.
The offering price of the Bonds has been set at par, i.e., one thousand euros (€1,000) per Bond. The interest rate and final yield will be determined by the Lead Managers, through the H.B.I.P. process, in accordance with the specific provisions set forth in the prospectus approved at the meeting of the Board of Directors of the Hellenic Capital Market Commission on June 30, 2026 (the “Prospectus”), and will be approved by the Pricing Committee of the Issuer’s Board of Directors and will be announced on the Issuer’s website and on the EURONEXT ATHENS website no later than the next business day following the expiration of the Public Offering.
Furthermore, the final yield will be determined by the Lead Managers within the yield range for participants in the Public Offering process.
The criteria and conditions based on which the final yield and interest rate will be determined include bond market conditions, the level of demand per yield from Qualified Investors (as defined below), the number and type of Qualified Investors, the level of demand from Retail Investors (as defined below) (to the extent that the final allocation to them exceeds the minimum allocation percentage of 30%), and the cost of servicing the bond issue that the Issuer intends to assume.
For example, if demand from Qualified Investors (as defined below) covers the Offering up to the upper limit of the yield range but, at the same time, a significant portion of the Offering is covered at a lower yield level, the lower yield may be selected, even if this results in a lower amount of funds raised, provided that the condition for the issuance of the Bonds is met.
Concurrently with the determination of the final yield, the final allocation of the Bonds will also be decided. In any case, the interest rate will be set within the announced binding yield range.
The interest rate and offering price will be the same for all investors—Qualified Investors and Retail Investors (as defined below)—who participate in the offering of the Bonds through a Public Offering.
* See the “Supporting Materials” column for details.