Brief: ELLAKTOR Issued EUR 500 Million 18-Month Loan, Fully Covered By Eurobank, Repays Notes

ELLAKTOR

22/09/2022 15:37

Sept 22 (Reuters) - Ellaktor SA  HELr.AT :
    * ISSUED 18-MONTH COMMON BOND LOAN OF EUR 500.0 MILLION
FULLY
COVERED BY EUROBANK
    * PROCEEDINGS WILL PARTIALLY FINANCE REPAYMENT OF THE EUR
670.0
MILLION SENIOR SECURED NOTES 2024 ISSUED BY SUBSIDIARY ELLAKTOR
VALUE
    * AKTOR CONCESSIONS SUBSIDIARY ISSUED A EUR 275.0 MILLION
BOND
EXPIRING ON DEC. 31, 2037, FULLY COVERED BY EUROBANK AND ALPHA
BANK
    * ON SEPT. 21 HOLDERS OF EUR 670.0 MILLION SENIOR SECURED
NOTES
EXP. 2024 WITH NOMINAL VALUE OF EUR 497.0 MILLION ACCEPTED
MANDATORY TENDER OFFER AT PRICE OF 101%

Source text:
Further company coverage: [HELr.AT, EURBr.AT, ACBr.AT]
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