Between 4.9% and 5.2% the yield range was set for Seanergy's bond, the public offering for which starts on Monday and will be completed on Wednesday.
The determination of the final yield and the interest rate of the Bonds will be made through the book building process ("Book Βuilding"), which will be maintained by the Joint Lead Underwriters and will be conducted through the H.BI.P. process. Only Qualified Investors (as defined below) participate in the book building process.
The offering price of the Bonds has been set at par, namely one thousand euros (€1,000) per Bond. The interest rate and the final yield will be determined by the Joint Lead Underwriters, through the H.BI.P. process, in accordance with the more specific provisions set out in the prospectus approved at the meeting of the Board of Directors of the Hellenic Capital Market Commission on 30.06.2026 (the "Prospectus"), will be approved by the Pricing Committee of the Board of Directors of the Issuer and will be announced on the Issuer's website and on the EURONEXT ATHENS website no later than the next business day after the end of the Public Offering.
Furthermore, the final yield will be determined by the Joint Lead Underwriters within the yield range for the participants in the H.BI.P. process.
The criteria and conditions based on which the final yield and the interest rate will be determined include the conditions of the bond market, the level of demand at each 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 undertake.
Indicatively, if demand from Qualified Investors (as defined below) covers the Issue up to the upper limit of the yield range but at the same time a significant portion of the Issue is covered at a lower yield level, the lower yield may be selected, even if this results in a lower amount of funds raised and subject to the fulfillment of the condition for the issuance of the Bonds.
At the same time as the determination of the final yield, the final allocation of the Bonds will also be decided. In any case, the interest rate will be determined within the announced binding yield range.
The interest rate and the offering price will be common for all investors, Qualified and Retail (as defined below), who will participate in the offering of Bonds through a Public Offering.
* See details in the Accompanying Material column.