Senior Notes – Summary Term Sheet

€670m Senior Notes due 2024

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 International Stock Exchange (TISE), Berlin, Frankfurt, Munich and Stuttgart Stock Exchanges.
Governing law New York Law

 

ISIN XS2092381289 – Rule 144A
ISIN XS2092381107 – Regulation S