Senior Notes – Summary term sheet
- On 5 December 2019, ELLAKTOR, through its subsidiary ELLAKTOR VALUE PLC, a wholly-owned subsidiary of ELLAKTOR SA, completed the issue and placement of non-collatelarised Eurobonds worth EUR 600 million
- with interest rate at 6.375%,
- maturity in 2024 and
- issue price of 100.000%
- This issue helped to fully achieve the objective of a truly international bond which ensures future access to large foreign portfolios
- It is the largest High Yield Green Bond in Europe for 2019
- It is the first issue of High Yield Green Bond in Greece
- On 30 January 2020, ELLAKTOR also completed an additional issue of €70 million, with interest rate at 6.375% and maturity in 2024.
| Issuer | ELLAKTOR Value Plc |
| Amount | €670m |
| Issue rating | B+ (Fitch) / B- (S&P) |
| Tenor | 5 years |
| Optional Redemption | 5NC2 |
| Change of Control | Investor put at 101 |
| Ranking | Senior Notes |
| Guarantors | Guaranteed by ELLAKTOR S.A., AKTOR Concessions and HELECTOR |
| Use of Proceeds | Refinancing of certain existing indebtedness |
| Distribution format | Reg S / 144A |
| Green bond certification | Climate Bonds Initiative |
| Listing | The Vienna MTF (Multilateral Trading System), Berlin, Frankfurt, Munich and Stuttgart Stock Exchanges. |
| Governing law | New York Law |
| ISIN | XS2092381289 – Rule 144A |
| ISIN | XS2092381107 – Regulation S |
