Signing of two bond loans by ELVALHALCOR

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The signing of two joint bond loans was announced by ELVALHALCOR. Specifically, the company signed a bond loan amounting to 140,000,000 euros with “NATIONAL BANK OF GREECE SA”, “ALPHA BANK SA”, “PIRAEUS BANK as” a “COMPANY SA” which operates of bondholders.

From the above amount, 88 million euros will be directed to the refinancing of an existing bond loan and 52 million euros to finance the general business purposes of the company. The loan is for 7.5 years and is issued according to the provisions of Law 4548/2018 in combination with Article 14 of Law 3156/2003, as applicable.

ELVALHALCOR also signed a bond loan of 130,000,000 euros with the “ALPHA BANK SA”, “PIRAEUS BANK as a corporation” and “EUROPEAN BANK” operates .

From the above amount, 102 million euros will be directed to the refinancing of an existing bond loan and 28 million euros to finance the general business purposes of the company.

The loan is for a period of seven and a half years with the possibility of extension for up to two additional years and is issued in accordance with the provisions of Law 4548/2018 in conjunction with Article 14 of Law 3156/2003, as applicable.

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