Hellenic Petroleum S.A. and Hellenic Petroleum
Finance PLC (together “Hellenic Petroleum”) are pleased to announce that they
have successfully signed a new €605,000,000 Term Loan Facility and a Bond Loan
(together “the Facilities”). The Facilities, which were supported by a group of
international and domestic banks
,
were oversubscribed, exceeding the initial target of
€525,000,000.
The Facilities, which have a 3 year tenor, will be used
to refinance existing facilities and for general corporate purposes.
Eurobank Ergasias S.A. Alpha Bank A.E.,
National Bank of Greece S.A., Piraeus Bank S.A. and HSBC Bank plc acted as Mandated
Lead Arrangers. Eurobank and HSBC also acted as Coordinators and Bookrunners. In
total twelve banks, six Greek and six International, signed into the Facilities.
These Facilities are in addition to a
€225,000,000 syndicated facility signed in December 2012,
for which Alpha Bank A.E. acted as Agent and
which
will also be used for refinancing
.