OTE issued EUR 350 million bond: what it means for OTE stock

Published on 10/13/2026 at 00:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

OTE's bond covers EUR 350 million at a 3.853 percent yield from September 22, 2026. For OTE stock, it means EUR 500 million refinancing.

Key points in brief

OTE issued a EUR 350 million bond on September 22, 2026, with a 3.853 percent annual yield and maturity in September 2029.
The proceeds are intended to refinance part of a EUR 500 million bond due September 24, 2026.
OTE stock closed at EUR 19.35 on October 9, 2026, while its market capitalization stood at EUR 7.6 billion and the 52-week range was EUR 15.38 to EUR 20.48.
OTE is scheduled to release third-quarter 2026 financial results on October 30, 2026.

OTE, GRS260333000, Illustration mit AI erstellt.

OTE (ISIN GRS260333000) had issued a EUR 350 million bond on September 22, 2026, with a 3.853 percent annual yield and maturity in September 2029, according to FT.com. The financing was fully subscribed by Deutsche Telekom and is aimed at refinancing part of a EUR 500 million bond due September 24, 2026.

Chronology shows the capital plan

On June 3, 2026, S&P upgraded OTE's long-term issuer rating to A- from BBB+, according to xrimatirio.com. On July 7, 2026, OTE paid a dividend of EUR 0.90214 per share, the same page reports. On September 22, 2026, the company issued the EUR 350 million bond due in September 2029, making debt maturity management the latest dated capital event.

Next dates include October results

OTE is scheduled to release its third-quarter 2026 financial results on October 30, 2026, before the opening of Euronext Athens, according to TradingView. The related conference call is set for October 30, 2026, and its digital playback is scheduled to remain available until November 30, 2026.

What does the bond mean for debt?

The new borrowing extends part of OTE's financing profile to September 2029 while addressing a EUR 500 million maturity due in September 2026. The 3.853 percent yield provides a concrete cost marker for the transaction, while Deutsche Telekom's full subscription reduces the placement requirement in the market.

OTE stock stays below its yearly high

OTE stock closed at EUR 19.35 on the Athens Stock Exchange on October 9, 2026. Its market capitalization was EUR 7.6 billion, while the 52-week range stood at EUR 15.38 to EUR 20.48, leaving the closing price 5.50 percent below the yearly high, according to xrimatirio.com.

The further course of trading is shown by the continuously updated real-time quote of OTE stock.