Motor Oil Reduces Initial Half Loss
Motor Oil, the second largest oil refinery in Greece, reduced its initial half loss, which was assisted by decreased oil inventory taxes and deficits.
- Published in Economy
Motor Oil, the second largest oil refinery in Greece, reduced its initial half loss, which was assisted by decreased oil inventory taxes and deficits.
Motor Oil said it has raised 350 million euros from the sale of a five-year Senior Note issue with the interest rate set at 5.125 pct. The company said the sum raised was 50 million euros more than the sum requested.
The Athens Exchange general index closed at 1,232.12 points, with an added 3.09% to yesterday's 1,195.20 points.