Last checked at 26 Jun 2014 10:05
Athens, 26 June 2014
Following the successful $400m bond issuance in May 2014, HELLENIC PETROLEUM FINANCE PLC, a subsidiary of the Company, mandated Barclays Bank PLC and Credit Suisse Securities (Europe) Limited as Global Coordinators and Alpha Bank A.E., Citigroup Global Markets Limited, Deutsche Bank AG London Branch, Eurobank Ergasias S.A., NBG Securities S.A. and Piraeus Bank S.A. as Joint Lead Managers to arrange the issue of a five-year Eurobond (the "Issue").
The Issue will be guaranteed by the Company and the notes will be listed on the Luxemburg Stock Exchange while the size and coupon of the Issue will be determined upon pricing of the transaction. The proceeds of the Issue will be used to refinance existing facilities, aiming at reducing funding cost and improve the debt maturity profile of the Company.
Nothing in this announcement constitutes an offer of securities for sale in the United States or any other jurisdiction where it is unlawful to do so.
The notes described herein have not been, and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") or the securities laws of any state of the U.S. or other jurisdiction and the notes described herein may not be offered or sold within the U.S. or to, or for the account or benefit of, U.S. persons (as defined in regulation s under the securities act), except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the securities act and applicable state or local securities laws.