Brief: Ellaktor To Fully Redeem EUR 670.0 Million Senior Secured Notes Due 2024

ELLAKTOR

25/11/2022 08:57

Nov 25 (Reuters) - Ellaktor SA  HELr.AT :
    * BOD DECIDED TO PROCEED CONDITIONAL REDEMPTION TOWARDS THE
BONDHOLDERS OF THE SENIOR SECURED NOTES DUE 2024 BY ELLAKTOR
VALUE SUBSIDIARY
    * ELLAKTOR VALUE ISSUER OF THE SENIOR SECURED NOTES INTENDS
TO
PURCHASE THE REMAINING OF THE NOTES OF EUR 172.8 MILLION NOMINAL
VALUE AT A PRICE OF 101.594%
    * TRANSACTION COMPLETES PROCEDURE FOR REDEMPTION OF ALL OF
SENIOR
NOTES OF EUR 670.0 MILLION ISSUED IN 2019 TWO YEARS EARLIER THAN
ITS INITIAL MATURITY DATE

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