TIDMBMS
Braemar PLC
12 December 2022
Reach
12 December 2022
BRAEMAR PLC
("Braemar", the "Company" or the "Group")
Braemar Launches Greek Corporate Finance Desk Led by Stefanos
Fragos
-- Stefanos Fragos (ex-Yieldstreet, DVB Bank) has been appointed
Braemar's Head of Corporate Finance in Greece.
-- Fragos and his team will raise debt and equity to support
Greek shipowners' growth ambitions and eco investments.
-- The desk is a natural complement to Braemar's Corporate
Finance offices in Hamburg, London, and Singapore, and Braemar's
S&P and Newbuilding desks
Braemar Plc (LSE: BMS), a provider of expert investment,
chartering, and risk management advice to the shipping and energy
markets, today announced the expansion of its Corporate Finance
desk to Athens, Greece, and the appointment of Stefanos Fragos to
spearhead its growth in the region.
Braemar is responding to a clear need in the market from
shipowners in Greece and the Mediterranean for expert counsel in
the equity and debt capital markets, advisory for mergers,
acquisitions, restructuring, and help originating, structuring and
delivering tailor-made ship finance solutions.
Amongst several other promising opportunities for 2023, Braemar
sees great potential in sourcing capital from Asia and making this
available to smaller and medium sized Greek shipowners.
Stefanos Fragos joins Braemar from alternative finance provider
Yieldstreet where he ran the Athens office. Prior to that he was a
senior banker in DVB Bank's Greek office for more than a decade.
Stefanos will work closely with Braemar's Corporate Finance offices
in London, Hamburg, and Singapore, as well as its S&P and
Newbuilding desks globally.
The arrival of Corporate Finance to Braemar's Athens office is
the latest investment in Braemar's ability to meet the need amongst
its Greek clients for the highest level of expertise and practical
experience. Led by Head of Athens, Dimitris Kyrtsos, Braemar is now
able to provide the full range of chartering, shipping investment
advisory, and shipping risk advisory directly from Athens to its
Greek clients.
Axel Siepmann, Global Head of Corporate Finance, commented, "We
have been looking for the right candidate for a long time and we
are very grateful that Stefanos has agreed to join our team.
Stefanos's skills and professional experience will enable us to
immediately promote Braemar's financial advisory service offering
in Greece, which combines raising debt and equity capital, but also
transaction support and restructuring advice."
Stefanos Fragos, Head of Corporate Finance in Greece ,
commented, "I am delighted to be joining Braemar's global network
of Corporate Finance specialists, and offering Greek owners focused
financing and advisory services accretive to their forward-looking
aspirations."
ENDS
About Braemar Plc ("Braemar")
Braemar provides expert advice in investment, chartering, and
risk management to enable its clients to secure sustainable returns
and mitigate risk in the volatile worlds of shipping and energy.
Our experienced brokers work in tandem with specialist
professionals to form teams tailored to our customers' needs, and
provide an integrated service supported by a collaborative
culture.
For more information, including our investor presentation,
please visit www.Braemar.com and follow Braemar on LinkedIn .
Images
Image of Axel Siepmann, Global Head of Corporate Finance at
Braemar.
Image of Stefanos Fragos, Head of Corporate Finance in Greece at
Braemar.
Image of Dimitris Kyrtsos, Managing Director of Braemar
Athens
Staff of Braemar Athens
Dimitris Kyrtsos - Managing Director of Braemar Athens,
Shipbroker - Sale & Purchase
Stefanos Fragos - Managing Director of Braemar Corporate Finance
in Athens
Alexandra Alatari - Senior Research Analyst
Marios Yiannopoulos - Shipbroker - Sale & Purchase
Nikos Katsaras - Shipbroker - Sale & Purchase
Filippos Zannos - Trainee Shipbroker - Sale & Purchase
Felix Kausch - Container Manager Chartering and Projects
Yiannis Fringis - Chartering Broker - Dry Cargo
Yiannis Koroneos - Chartering Broker - Dry Cargo
Panos Alexopoulos - Chartering Broker - Dry Cargo
Dimitra Zoumpa - Chartering Broker - Dry Cargo
George Metaxotos - Chartering Broker - Dry Cargo
Katerina Dinopoulou - Operator - Dry Cargo
Pericles Protopapas - Intern Chartering Broker - Dry Cargo
Mina Karathanassi - Office Manager
Contact
Nick Arthur
Head of Corporate Affairs
+44 7732 874708
Nick.Arthur@Braemar.com
Buchanan
Charles Ryland / Jamie Hooper / Jack Devoy
Tel +44 (0) 20 7466 5000
This information is provided by Reach, the non-regulatory press
release distribution service of RNS, part of the London Stock
Exchange. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
Reach is a non-regulatory news service. By using this service an
issuer is confirming that the information contained within this
announcement is of a non-regulatory nature. Reach announcements are
identified with an orange label and the word "Reach" in the source
column of the News Explorer pages of London Stock Exchange's
website so that they are distinguished from the RNS UK regulatory
service. Other vendors subscribing for Reach press releases may use
a different method to distinguish Reach announcements from UK
regulatory news.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
NRABCBDDGBBDGDB
(END) Dow Jones Newswires
December 12, 2022 02:00 ET (07:00 GMT)
Braemar (LSE:BMS)
Historical Stock Chart
From Jun 2024 to Jul 2024
Braemar (LSE:BMS)
Historical Stock Chart
From Jul 2023 to Jul 2024