Greek glassware importer Yalco is to issue a EUR 13 million (USD 15.5 million) bond in a move to cut bank debts, it was reported on 30 April 2004.
The four-year bonds were scheduled to be issued on 2…
Greek glassware importer Yalco is to issue a EUR 13 million (USD 15.5 million) bond in a move to cut bank debts, it was reported on 30 April 2004. The four-year bonds were scheduled to be issued on 28 April 2004. Lead managers of the issue will be local Piraeus Bank, National Bank of Greece and French Societe Generale. Yalco, set up in 1972, imports and exports glassware and home utilities. The company distributes tableware, small electrical appliances and catering supplies on the Greek market. It also represents a large number of European, U.S. and Asian companies. In the field of imports and glassware trading, Yalco co-operates with trading houses from Europe, the United States and Japan. Yalco listed on the Parallel Market of the Athens Stock Exchange in November 1995. The Costandinou family is Yalco“s main shareholder.