Bloomberg: Capital Maritime Finance Rises in First Week on Euronext Athens

Ανακαλύψτε περισσότερα άρθρα στα αποτελέσματα αναζήτησης

Capital Maritime Finance Corp., the container shipping company in which Greek shipowner Evangelos Marinakis holds a majority stake, advanced during its first days of trading on Euronext Athens, according to an exclusive Bloomberg report on Monday.

The company, which raised 300 million euros (US$336 million) through its listing, closed on Oct. 23 at 7.53 euros a share, narrowly above its offering price earlier in the week, while the Euronext Athens large-cap index fell 3% over the same period.

Marinakis focuses on Capital Maritime Finance in Bloomberg interview

More than 50% of the shares offered in Capital Maritime Finance’s public offering were allocated to retail investors, Marinakis told Bloomberg correspondent by Kiel Porter, describing this as being of “enormous importance” to him because it gives Greek citizens the opportunity to acquire a stake in the company. The listing on the Athens Stock Exchange addressed a “historic paradox” by giving investors access to the domestic shipping industry, he said in an interview in New York.