Anek bond issue delay as Grimaldi questions facts

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ANEK logoA shareholders meeting to discuss a proposed bond issue for Greek ferry company Anek has been rescheduled for February 3, after the Naples-based Grimaldi Group requested more information on the reasons for the fundraising exercise, writes John McLaughlin.

The bonds, which will be convertible into stock, but accessible only to unnamed financial institutions and not to existing shareholders, have been a source of mounting antagonism between Grimaldi and Yannis Vardinoyannis,...


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