Marinakis's Capital Maritime Finance Listed on Oslo Stock Exchange
What happened
Euronext Athens approved the listing of Capital Maritime Finance, a company owned by Evangelos Marinakis, on the Main Market of Euronext Athens. Capital Maritime Finance operates a fleet of 36 containerships, which has a total capacity exceeding 148,000 TEUs. The company reported $3.9 billion in secured revenues during the first half of the year.
From naftemporiki.gr
Why it matters
The listing leverages the company's strong track record in the Greek bond market. Capital Maritime Finance has 100% of its fleet contracted through 2034, with an average remaining charter duration of 9.5 years. The company also has an investment program of $1.8 billion planned through 2028.
From naftemporiki.gr
Who's involved
- Evangelos MarinakisOwner of Capital Maritime Finance
- Oslo Stock ExchangeStock exchange where Marinakis's group companies are listed
- EuronextPan-European bourse that approved the listing
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- GreeceSpeculative
The event might reinforce Greek bond market strength and attract foreign investment confidence.
- Oslo Stock ExchangeSpeculative
The Oslo Stock Exchange could reinforce its attractiveness for international shipping and finance listings.
- EuronextSpeculative
Euronext might increase the visibility and capital flow into the financial hub of Athens.
Keep exploring
The entities involved
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Evangelos Marinakis
Greek businessman
Nothing else this week.
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Greece
country in Southeast Europe
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Oslo Stock Exchange
stock exchange located in Oslo, Norway