The Company MOTODYNAMICS S.A. announces according to article 16 par. 3 of Law 3556/2007 and the resolution No 3/347/12.07.2005 of the Board of Directors of the Capital Market Commission, pursuant a relevant decision of the Ordinary General Meeting of the shareholders of the Company held on 17.05.2011, the signing – on 30.03.2012 – of one common bond loan contract totaling € 2.000.000 with EFG EUROBANK ERGASIAS S.A. and EUROBANK EFG CYPRUS LTD.
The loan has 2 years maturity and it will be used for the refunding of the existing Short Τerm Loans between the Company and EFG EUROBANK ERGASIAS S.A. MOTODYNAMICS S.A. has also appointed EFG EUROBANK ERGASIAS S.A. as bond manager, responsible for all bond payments and deposits.