BSTDB Participates as Anchor Investor in Bond Issued by AKTOR Group

BSTDB Participates as Anchor Investor in Bond Issued by AKTOR Group

Press Release | 16-Dec-2025

Proceeds to support renewable energy and sustainable infrastructure in Greece

The Black Sea Trade and Development Bank (BSTDB) has invested EUR 15 million as an anchor investor in the EUR 140 million bond issuance of AKTOR Group, a leading Greek construction company listed on the Athens Stock Exchange. BSTDB's participation contributed to the successful execution of the transaction and supported the mobilisation of additional private-sector financing.

The bond issuance will support AKTOR Group's business expansion and enhance its financial sustainability. The proceeds will be primarily allocated to renewable energy projects, as well as to the Group's activities in construction, facility management, real estate, public-private partnerships (PPPs) and concessions. AKTOR intends to direct the majority of the funds to its operations in Greece, with a strong focus on renewable energy sources (RES).

"BSTDB's participation in AKTOR's bond issuance as an anchor investor is fully in line with the Bank's mandate to support sustainable private-sector development and to facilitate the mobilisation of private capital. By taking a leading role in this transaction, the Bank contributes to strengthening investor confidence and attracting additional market participation. The investment supports AKTOR Group's strategic focus on renewable energy and sustainable infrastructure, while reinforcing its financial resilience. The majority of BSTDB's contribution will support the Group's activities in Greece, particularly in renewable energy projects, contributing to the country's energy transition and long-term economic development.", said Dr. Serhat Köksal, President of BSTDB.

Mr. Alexandros Exarchou, Chairman and CEO of the AKTOR Group of companies stated: "The participation of BSTDB in this bond issuance gives us confidence and a solid base for our investment plan and underscores the market's recognition in our strategy, financial strength, and long-term growth prospects. These new capitals will enhance our financial strength, contributing to the acceleration of our investments across our businesses and further strengthening our ability to transform our Group into a leader in Southeastern Europe".

AKTOR Group of Companies is a leading market player in Southeast Europe, leveraging 70 years of experience to implement large-scale technical projects and to strategically invest in sectors such as green energy, real estate, concession projects and Public-Private Partnerships (PPPs), and integrated facilities management. AKTOR Group's mission is to become a driving force for progress in its areas of operation, creating value for its shareholders and society, contributing to advancement and prosperity, and enhancing people's lives towards a sustainable future.

The Black Sea Trade and Development Bank (BSTDB) is an international financial institution established by Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova, Romania, Russia, Türkiye, and Ukraine. The BSTDB headquarters are in Thessaloniki, Greece. BSTDB supports economic development and regional cooperation by providing loans, credit lines, equity and guarantees for projects and trade financing in the public and private sectors in its member countries. The authorized capital of the Bank is EUR 3.45 billion. For information on BSTDB, visit www.bstdb.org.

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