PUBLIC POWER CORPORATION SA
Financial closing of past due receivables securitization transaction
Announcement
PPC S.A., following the stock announcement issued 11.4.2021, announces that on June 29, 2021, it proceeded to the closing of the securitization facility of 90 days past due receivables. Senior financing of notional c.EUR 325mn was issued as a part of this transaction. This facility, with CarVal Investors, Deutsche Bank AG and funds managed by PIMCO as investors and PPC Zeus DAC as issuer, is non-recourse to PPC S.A.
Athens, June 30, 2021