ATTICA BANK S.A.

ANNOUNCEMENT

 

 

Attica Bank S.A. announces results of its Tender Offer for the
€100,000,000 Subordinated Floating Rate Guaranteed Notes due 2015 of Attica Funds plc

 

NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS), ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA OR TO ANY U.S. PERSON OR IN ANY OTHER JURISDICTION WHERE SUCH DISTRIBUTION IS UNLAWFUL

 

26 September 2013. Attica Bank S.A. (the Bank) announces today the results of its invitation to holders of the €100,000,000 Subordinated Floating Rate Guaranteed Notes due 2015 (of which €94,689,000 are currently outstanding) (ISIN: XS0215582148) (the Notes), issued by Attica Funds plc and guaranteed by the Bank, to tender their Notes for purchase by the Bank for cash (the Offer).

The Offer was announced on 11 September 2013 and was made on the terms and subject to the conditions contained in the tender offer memorandum dated 11 September 2013 (the Tender Offer Memorandum) prepared by the Bank. Capitalised terms used in this announcement but not defined have the meanings given to them in the Tender Offer Memorandum.

The Expiration Deadline for the Offer was 5:00 p.m. (CET) on 25 September 2013.

As at the Expiration Deadline, €15,433,000 in aggregate principal amount of the Notes had been validly tendered pursuant to the Offer. The Bank has decided to accept for purchase all Notes validly tendered in the Offer in full.

The cash purchase price the Bank will pay for Notes validly tendered in the Offer and accepted for purchase will be 60 per cent. of the principal amount of the relevant Notes, and the Bank will also pay Accrued Interest in respect of such Notes.

The Settlement Date in respect of the Notes accepted for purchase pursuant to the Offer is expected to be 30 September 2013. Following settlement of the Offer on the Settlement Date, €79,256,000 in aggregate principal amount of the Notes will remain outstanding.

UBS Limited (Telephone: +44 20 7567 0525; Attention: Liability Management Group; Email: mark-t.watkins@ubs.com / mahmoud.abdelaal@ubs.com) is acting as Dealer Manager. Lucid Issuer Services Limited (Telephone: +44 20 7704 0880; Attention: Sunjeeve Patel / Victor Parzyjagla; Email: attica@lucid-is.com ) is acting as Tender Agent.

 

DISCLAIMER This announcement must be read in conjunction with the Tender Offer Memorandum. No offer or invitation to acquire any securities is being made pursuant to this announcement. The distribution of this announcement and the Tender Offer Memorandum in certain jurisdictions may be restricted by law. Persons into whose possession this announcement and/or the Tender Offer Memorandum comes are required by each of the Bank, the Dealer Manager and the Tender Agent to inform themselves about, and to observe, any such restrictions.