Metlen to issue new five-year ‘green’ bond

Athens-listed group Metlen is proceeding with the issue of a five-year "green" bond of 500 million euros due in 2029.

Showing signs of a reliable and consistent partner, just months before knocking on the door of the London Stock Exchange, with this move the Greek metals and energy multinational is on track for the early repayment of a previous issue due on December 1.

A few days ago, in an interview with Bloomberg TV, the chairman and CEO of Metlen, Evangelos Mytilinaios, announced the submission of an application for admission to the LSE before the end of 2024 and estimated that the whole process will be completed by the second quarter of 2025. Referring to the prospects of the company, which has doubled in size in recent years, he noted that it is looking at further growth opportunities across Europe as a whole.

Metlen announced on Monday that it has...