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Payment of Dividend Notice Series D

Wed, 24th Jan 2018 15:29

RNS Number : 8337C
ERB Hellas Funding Limited
24 January 2018

On 17 January 2018, Eurobank Ergasias SA (the "Bank") redeemed 345,500,000 non-transferable, non-voting, redeemable preference shares previously issued to the Greek state. In consideration for such redemption, and in accordance with paragraph 1a of Law 3723/2008, the Bank (i) delivered €125,000 to the Greek state in cash and (ii) issued €950,000,000 6.41 per cent. Tier 2 Subordinated Instruments due 2028 to the Greek State. As a consequence of such transaction, ERB Hellas Funding Limited hereby announces that, in accordance with, but subject as provided in, the terms of its €300,000,000 Series D 8.25 per cent. Non-cumulative Guaranteed Non-voting Exchangeable Preferred Securities (ISIN: XS0440371903) having the benefit of a subordinated guarantee from Eurobank Ergasias S.A. (the "Preferred Securities"), it will be required to declare and make payment of the full amount of the Preferred Dividends (as defined in the Prospectus dated 27 July 2009 relating to the Preferred Securities (the "Prospectus")) payable on the next four Preferred Dividend Payment Dates (as defined in the Prospectus) following 17 January 2018.

For further information you may contact investor_relations@eurobank.gr.

This information is provided by RNS
The company news service from the London Stock Exchange
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