ELVALHALCOR HELLENIC COPPER AND ALUMINIUM INDUSTRY S.A.

Refinancing of bond loan of the absorbed ELVAL

HALCOR METAL WORKS S.A announces, according to article 17 par. 1 of the Regulation (ΕU) 596/2014 of the European Parliament and the Council of 16th April 2014, the articles 40 and 41 par. 3, 42 and 77 of the L. 4443/2016,  and under article 2,  par. 2 item (ig) of the 3/347/12.7.2005 Decision of the Board of Directors of the Hellenic Capital Market Commission, the issuance of new syndicated collateralized long-term bond loan amounting to Euro 198,972,270 by ELVAL HELLENIC ALUMINIUM INDUSTRY S.A, with co-arrangers the four major Greek Banks, NATIONAL BANK OF GREECE S.A., ALPHA BANK S.A., EUROBANK ERGASIAS S.A. and PIREAUS BANK S.A. Amount of Euro 98,972,270 will be directed to the refinancing of two already existing bond loans obligations of the absorbed company and the rest to cover other needs. The loan has five years maturity with an option of two years extension and has been issued according to L.3156/2003 and L.2190/1920.