ΕΛΓΕΚΑ Α.Ε.
ISSUANCE OF BOND LOAN FROM "ELGEKA S.A. TRADE-DISTRIBUTIONS-REPRESENTATIONS-INDUSTRY" AND FROM ITS SUBSIDIARY COMPANY "DIAKINISIS S.A.-WAREHOUSING-DISTRIBUTION-PROMOTIONAL PACKAGING"
ELGEKA S.A. would like to notify the investing public regarding the issuance of a 5 year common Bond Loan of seven million five hundred Euros (euros 7.500.000), pursuant a relevant decision of the Board of Directors of the company held on the 3rd of October 2008, according to L. 3156/2003 and based on the special authorization of the Extraordinary General Assembly given to the Board of Directors on the13th of November 2006.
Furthermore, on the 16th of October 2008 the company signed with Emporiki Bank of Greece S.A., the coordinator, the program for the issuance of the common Bond Loan which will be covered by Emporiki Bank of Greece S.A. (by 90%) and Emporiki Bank of Cyprus Ltd (by 10%).
The purpose of the Bond Loan is to refinance the current bank debt of the company that has been used for its investment plans.
In addition, the Board of Directors of "Diakinisis S.A.-Warehousing-Distribution-Promotional Packaging", subsidiary of ELGEKA S.A. by 99,99%, according to L. 3156/2003 and based on the special authorization of the unsolicited Extraordinary General Assembly given to the Board of Directors on 3rd of October 2008, decided on the same day the issuance of a 5 year common Bond Loan of seven million five hundred Euros (euros 7.500.000).
Furthermore, on the 16th of October 2008 the company signed with Emporiki Bank of Greece S.A., the coordinator, the program for the issuance of the common Bond Loan which will be covered by Emporiki Bank of Greece S.A. (by 90%), Emporiki Bank of Cyprus Ltd (by 10%) and guaranteed by the mother company ELGEKA S.A.
The purpose of the Bond Loan is to refinance the current bank debt of the company that has been used for its investment plans.
Furthermore, on the 16th of October 2008 the company signed with Emporiki Bank of Greece S.A., the coordinator, the program for the issuance of the common Bond Loan which will be covered by Emporiki Bank of Greece S.A. (by 90%) and Emporiki Bank of Cyprus Ltd (by 10%).
The purpose of the Bond Loan is to refinance the current bank debt of the company that has been used for its investment plans.
In addition, the Board of Directors of "Diakinisis S.A.-Warehousing-Distribution-Promotional Packaging", subsidiary of ELGEKA S.A. by 99,99%, according to L. 3156/2003 and based on the special authorization of the unsolicited Extraordinary General Assembly given to the Board of Directors on 3rd of October 2008, decided on the same day the issuance of a 5 year common Bond Loan of seven million five hundred Euros (euros 7.500.000).
Furthermore, on the 16th of October 2008 the company signed with Emporiki Bank of Greece S.A., the coordinator, the program for the issuance of the common Bond Loan which will be covered by Emporiki Bank of Greece S.A. (by 90%), Emporiki Bank of Cyprus Ltd (by 10%) and guaranteed by the mother company ELGEKA S.A.
The purpose of the Bond Loan is to refinance the current bank debt of the company that has been used for its investment plans.