ΕΛΓΕΚΑ Α.Ε.
ISSUANCE OF BOND LOAN FROM "ELGEKA S.A. TRADE - DISTRIBUTIONS - REPRESENTATIONS - INDUSTRY"
ELGEKA S.A. would like to notify the investing public regarding the issuance of a new 5 year common Bond Loan of seven million five hundred Euros (ευρώ 7.500.000,00), pursuant a relevant decision of the Board of Directors of the company held on the 14th of November 2008, according to L. 3156/2003 and based on the special authorization of the Extraordinary General Assembly given to the Board of Directors on the 13th of November 2006.
It should be noted that the above mentioned Extraordinary General Assembly of the Company, reached a decision to issue a common Bond Loan up to the amount of twenty million Euros (ευρώ 20.000.000,00).
Furthermore, on the 2nd of December 2008, the Company signed with the National Bank of Greece S.A., the program for the issuance of the common Bond Loan which will be covered by the National Bank of Greece S.A. and by the National Bank of Greece (Cyprus) LTD . ELGEKA S.A. has also appointed the National Bank of Greece S.A., as responsible for the deposits and as representative of the Bond - Holders.
The purpose of the Bond Loan is to refinance the current bank debt of the company that has been used for its investment plans.
It should be noted that the above mentioned Extraordinary General Assembly of the Company, reached a decision to issue a common Bond Loan up to the amount of twenty million Euros (ευρώ 20.000.000,00).
Furthermore, on the 2nd of December 2008, the Company signed with the National Bank of Greece S.A., the program for the issuance of the common Bond Loan which will be covered by the National Bank of Greece S.A. and by the National Bank of Greece (Cyprus) LTD . ELGEKA S.A. has also appointed the National Bank of Greece S.A., as responsible for the deposits and as representative of the Bond - Holders.
The purpose of the Bond Loan is to refinance the current bank debt of the company that has been used for its investment plans.