METLEN ENERGY & METALS S.A.

Announcement

 

7/8/2013     

 

MYTILINEOS HOLDINGS S.A., in accordance with article 2 of Decision 3/347/12.7.2004 of the Board of Directors of the Hellenic Capital Market Commission, informs the investing public that after the approvals under the law were obtained, it has concluded an agreement for the refinancing of the Company's current loan obligations, in the amount of €243 million, with a term of three (3) years with an optional extension for an additional two (2) years (five (5) years in total).

 

This important development improves substantially the Group's credit profile and secures adequate liquidity for future investment initiatives in a very difficult financial environment.   

 

 

For more details, please contact:

Mrs Katerina Mouzouraki, MYTILINEOS Group Press Office & Media Relations Supervisor (Tel.: 210 6877484, Fax: 210 6877400, e-mail: katerina.mouzouraki@mytilineos.gr).

 

MYTILINEOS Group is a leading Greek industry active in Metallurgy & Mines, Energy and EPC Projects. Established in Greece in 1990, the Group's holding company, MYTILINEOS HOLDINGS S.A., is listed on the Athens Exchange, has a consolidated turnover in excess of €1.5 billion and employs some 2,500 people directly and many more indirectly in Greece and abroad. For more details, please visit the Group's website at: www.mytilineos.gr.