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GEK TERNA has acquired a 17% stake in Olympia Odos. The post-acquisition shareholder structure consists of Vinci (29.9%), HOCHTIEF Solutions (17%), GEK TERNA (17%), J&P Avax (17%) and Athena (2.1%)
List of the country updates
Country updates
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April 15, 2009
Financial and comercial close
Financial and comercial close. The financing of the project has been undertaken by the European Investment Bank and Eurobank, with a participation of 50% each. WS Atkins International is independent a...
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November 01, 2008
Lead arrangers and bookrunners Alpha Bank, Calyon, Millennium BCP and Natixis successfully syndicated EUR1.25bn out of the EUR1.6bn of senior debt backing the project
Lead arrangers and bookrunners Alpha Bank, Calyon, Millennium BCP and Natixis successfully syndicated EUR1.25bn out of the EUR1.6bn of senior debt backing the project. A total of 18 commercial banks, including 12 international banks, subscribed to the syndication with the EIB committing EUR200m in debt
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September 03, 2008
Project awarded to construction company Gantzoulas SA
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July 24, 2007
The Olympia Odos Group, a consortium comprised of Vinci (36%), J&P Avax (21%), HOCHTIEF Solutions (25%) and Aktor Concessions (18%) has reached financial close
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April 23, 2007
Greek Ministry for the Environment, Physical Planning and Public Works authorises PB award
