Financed ProjectsAegean Airlines Bond II

Identification Code:

OP/25/0010

Total Operation Cost:

250.000.000

Maturity:

84 months

Operation Status:

Description and Purpose of the Operation:

BSTDB subscribed EUR 15 million in the second bond issued by Aegean Airlines S.A. (or “AEGEAN”), Greece’s national flag carrier. The EUR 250 million bond issue is earmarked towards the financing of the airlines’ fleet renewal program, including the acquisition of new, energy-efficient aircraft equipped with extended range capabilities and high-comfort configurations and also working capital requirements.

Countries of Operation:

Greece (100,00 %)

Financial Product:

Loans

Sector:

Industrials

Domain:

Private

Borrower/Client:

AEGEAN

Co-Financiers/Participants:

Institutional and retail investors

Guarantors/Sponsors:

N/A

Developmental and Regional Cooperation Impact:

The BSTDB funding aims to strengthen AEGEAN’s competitive position in the region, enhance Greece’s connectivity, and generate broad economic benefits across the tourism and infrastructure sectors—two of the most dynamic pillars of the Greek economy.

Environmental Classification and Impact (summary):

Aegean Airlines has fully integrated the E&S issues into its core business and is proactively taking the necessary measures to improve its performance in terms of emissions from aircraft operation, noise, and wastes management, as well as occupational health and safety, and passenger health and safety.

Operation Leader:

General Industries, Transport, Tourism 1

E-mail:

gitt1@bstdb.org