SELONDA AQUACULTURE S.A.
Announcement
Selonda Aquaculture S.A. announces the execution of a syndicated credit facility for 40.000.000 euro on 20th December 2007, with arrangers the Piraeus Bank, National Bank of Greece S.A., Commercial Bank of Greece S.A., EFG Telesis Finance ,Millenium Bank S.A., mandate lead arrangers the Piraeus Bank and participants banks the Piraeus Bank, National Bank of Greece S.A., Commercial Bank of Greece S.A., EFG Eurobank-Ergasias., Millennium Bank, Attica Bank, Hellenic Bank.
More specifically, the 10 years syndicated credit facility is going to be merged during the refinance of the existing short-term indebtedness, which is mainly going to be used for the execution of a strategic importance acquisition abroad and within Greece, as well as in operating capitals, serving the production development of the company.
Also the same participants banks which have agreed on the same clauses, were signed syndicated credit facility for the daughter-company INTERFISH S.A. on 20th December 2007, for 25.000.000 ? with maturity of 10 years with company guarantee of SELONDA, aiming to reorganize the current loans and operating funds.
More specifically, the 10 years syndicated credit facility is going to be merged during the refinance of the existing short-term indebtedness, which is mainly going to be used for the execution of a strategic importance acquisition abroad and within Greece, as well as in operating capitals, serving the production development of the company.
Also the same participants banks which have agreed on the same clauses, were signed syndicated credit facility for the daughter-company INTERFISH S.A. on 20th December 2007, for 25.000.000 ? with maturity of 10 years with company guarantee of SELONDA, aiming to reorganize the current loans and operating funds.