RCS - Braemar PLC - Braemar Launches Greek Corporate Finance Desk

BraemarAnnouncement

12/12/2022 07:00

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RNS Number : 2951J  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 (http://www.braemar.com) and follow Braemar on LinkedIn
(https://www.linkedin.com/company/braemar-ltd/) .

 

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 (mailto:Nick.Arthur@Braemar.com)

 

Buchanan

Charles Ryland / Jamie Hooper / Jack Devoy

Tel +44 (0) 20 7466 5000

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