Athens International Airport SA (Ticker: AIA GA) is scheduled to list on the Athens exchange on February 7, 2024, the company aims to raise EUR 738 million (approximately USD 801.69 million) at an offer price of EUR 8.20 per share, translating into a market capitalization of EUR 2.46 billion (USD 2.67 billion). Managed by a syndicate including BNP Paribas, Barclays, Deutsche Bank, and HSBC, this offering comprises 90 million shares, with a greenshoe option of an additional 5 million shares.

The IPO marks a significant milestone for Athens International Airport, the operator of Greece's largest aviation hub, and for Greek capital markets, reflecting strong investor interest with demand exceeding EUR 8.6 billion. This demand indicates the offering was approximately 12 times oversubscribed, including cornerstones, with over 20,000 individual applications received for the Greek Public Offering.

Athens International Airport, established on June 12, 1996, as a public-private partnership, commenced operations in 2001 after a five-year construction period. The company is tasked with the construction, operation, and development of the airport until June 11, 2046, under its concession agreement.