Tag: Pimco

PPC to sign securitization deal with Pimco – Greece, 08 April 2021

Greek state-controlled Public Power Corporation (PPC) will sign a securitization agreement with international investment giant Pimco, regarding electricity bills overdue for more than 90 days. According to the agreement, PPC will receive about 200 million euros out of the total sum of 300 million Full article available for subscribers of Energy NEWS service (PDF publications, […]

Pimco seen as buyer of PPC’s debt securities – Greece, 23 July 2020

The board of Public Power Corporation (PPC) approved earlier this week the second package of debt securitizations. This concerns electricity bills overdue for more than 90 days, the securitization of which could fetch revenues of 300 to 350 million euros to the ailing power utility. Sources say Full article available for subscribers of Energy NEWS […]