ΣΙΔΕΝΟΡ ΕΤΑΙΡΙΑ ΣΥΜΜΕΤΟΧΩΝ ΑΝΩΝΥΜΗ ΕΤΑΙΡΙΑ
Issue of Bond Loans (Correction of 30.03.2011)
SIDENOR SA informs that, pursuant to article 16, par.3 of Law 3556/2007 and following the respective resolution of the Ordinary General Shareholders Meeting dated 15.6.2010, the Company has proceeded on 28.3.2011 to the issue of a common bond loan amounting euro 10 mil with EFG EUROBANK ERGASIAS S.A. and Eurobank EFG Cyprus Ltd as bond holders, with a two year maturity in order to refinance the Company's outstanding debt.
Moreover SIDENOR SA informs that, pursuant to article 16, par.3 of Law 3556/2007 and following the respective resolution of SOVEL's Extraordinary Shareholders Meeting dated 16.3.2011, subsidiary SOVEL SA proceeded on 28.3.2011 to the issue of a common bond loan amounting euro 5 mil with EFG EUROBANK ERGASIAS SA and Eurobank EFG Cyprus Ltd as bond holders, with a two year maturity in order to refinance the Company's outstanding debt.
Moreover SIDENOR SA informs that, pursuant to article 16, par.3 of Law 3556/2007 and following the respective resolution of SOVEL's Extraordinary Shareholders Meeting dated 16.3.2011, subsidiary SOVEL SA proceeded on 28.3.2011 to the issue of a common bond loan amounting euro 5 mil with EFG EUROBANK ERGASIAS SA and Eurobank EFG Cyprus Ltd as bond holders, with a two year maturity in order to refinance the Company's outstanding debt.