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ATHENS, Greece–(BUSINESS WIRE)–NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES
Public Energy Company S.A. (“PPC”) proclaims in the present day the profitable pricing of its inaugural worldwide providing (the “Providing”) of € 650 million sustainability-linked senior notes due 2026 (the “Sustainability-Linked Notes” or “Notes”) at a coupon worth of three.875% and a problem worth of 100%. The Notes might be issued pursuant to Article 59, paragraph 2 and Article 74 of Greek regulation 4548/2018 and Article 14 of Greek regulation 3156/2003 and might be ruled by New York regulation. The proceeds from the Providing might be used to repay current debt, for basic company functions and to pay prices and bills associated to the Providing. PPC intends to have the Sustainability-Linked Senior Notes listed on the Official Checklist of Euronext Dublin and admitted to buying and selling on the World Change Market thereof, or on one other applicable buying and selling venue within the European Union. The Providing is scheduled to decide on 18 March 2021, topic to the satisfaction of customary closing circumstances.
HSBC Continental Europe S.A. and Goldman Sachs Financial institution Europe SE are performing as Joint World Coordinators and Bodily Bookrunners, Citigroup World Markets Europe AG is performing as Joint World Coordinator and Joint Bookrunner and Alpha Financial institution S.A, Ambrosia Capital Ltd, AXIA Ventures Group Restricted, Credit score Suisse Securities, Sociedad de Valores, S.A., Eurobank S.A, J.P. Morgan AG, Nationwide Financial institution of Greece S.A. and Piraeus Financial institution S.A. are performing as Joint Bookrunners in reference to the Providing. HSBC Continental Europe S.A. can also be performing as Sustainability-Linked Bond Structuring Advisor.
PPC is the most important generator and provider of electrical energy in Greece, in addition to the only proprietor of the electrical energy distribution community which is being operated by its 100% subsidiary Hellenic Electrical energy Distribution Community Operator S.A., offering electrical energy to roughly 6.1 million end-customers. For greater than 70 years, PPC has been on the forefront of Greece’s energy trade and an integral a part of the nation’s technique of electrification. PPC is publicly listed and its shares are traded on the Principal Market of the Athens Change with a market capitalization of roughly €2.1 billion as of March 11, 2021.
DISCLAIMER
NOTE: This announcement is revealed in accordance with the relevant provisions of, amongst others, Regulation (EU) No. 596/2014, Greek regulation 3556/2007 and the Rule Guide (Regulation) of the Athens Change, every as amended and in drive.
This announcement is just not a proposal to promote securities in the US and never for distribution in the US.
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