ELLAKTOR S.A.

Raising Bond Loans

Raising Bond Loans

 

ELLAKTOR S.A. announces to investors, according to the provisions of Article 2(m) of Decision 3/347/12.07.2005 by the Board of Directors of the Hellenic Capital Market Commission, that ELLAKTOR S.A. and AKTOR Concessions S.A. (100% subsidiary) have raised long-term syndicated bond loans totally amounting to € 397.5 million to refinance existing loans, most of them being short-term loans, thus significantly reducing the perceived liquidity risk for the group. In particular:

 

  • ELLAKTOR S.A. has concluded an ordinary, paper bond loan contract, under Law 3156/2003, with a duration up to 05/01/2023, amounting to two hundred twenty-seven million five hundred thousand euro (€ 227,500,000.00), guaranteed by the subsidiary AKTOR CONCESSIONS S.A., with ALPHA BANK S.A., NATIONAL BANK OF GREECE S.A., EUROBANK ERGASIAS S.A., PIRAEUS BANK S.A. and NEW TT HELENIC POSTBANK S.A., the Bondholder representative being ALPHA BANK S.A.

 

  • AKTOR Concessions S.A. has concluded an ordinary, paper bond loan contract, under Law 3156/2003, with a duration up to 05/01/2023, amounting to one hundred seventy million euro (€ 170,000,000), guaranteed by ELLAKTOR S.A., with ALPHA BANK S.A., NEW TT HELLENIC POSTBANK S.A. and PIRAEUS BANK, the Bondholder Representative being ALPHA BANK S.A.

 

The above loans are expected to be disbursed in the immediate future.

 

Kifisia, 19 December 2013