ATHENS MEDICAL C.S.A.

Announcement


According to Article 16, paragraph 3 of Law 3556/2007, Athens Medical Center S.A. informs the investor community that on July 12, 2012, the Company has signed the Common Bond Loan Issuance Programme, according to the provisions of C.L. 2190/1920 and L. 3156/2003, through private placement to NATIONAL BANK OF GREECE S.A., EFG EUROBANK ERGASIAS S.A. and ALPHA BANK S.A., the last acting also as a “Manager”, of total nominal value of up to 164.000.000,00 euros and granting of collaterals, following the decision of the 1st Repetitive Assembly of the Shareholders on 21st March 2012 and the decision of the Board of Directors on July 11, 2012.

 

The Loan's duration is 5 years. The Common Bond Loan will be used as follows: i) Refinancing of the existing Bond Loan of 144.000.000 euros, ii) Refinancing of the existing short-term borrowings of 9.000.000,00 euros, and iii) the remaining amount of 11.000.000,00 euros will be used in order to cover general business purposes and needs.