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Regulatory Announcements
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29.09.2016

Hellenic Petroleum Finance tender offer to holders of its outstanding Notes due May 2017

Hellenic Petroleum S.A. announces that its wholly owned subsidiary, Hellenic Petroleum Finance PLC (the “Company”), announced today to the Luxembourg Stock Exchange an invitation to holders of its 8 per cent €500,000,000 Notes due May 2017, of outstanding principal amount of €489,932,000 (the “Notes”), guaranteed by Hellenic Petroleum S.A., to tender such Notes for purchase by the Company for cash (the “Offer”).    

According to the Offer, the Company will pay a cash purchase price equal to €1,035 per €1,000 in principal amount of the Notes validly tendered and accepted for purchase pursuant to the Offer plus any accrued and unpaid interest in respect of the Notes up to but not including the Payment Date, which shall be on or around 14 October 2016. The Offer is also being made on the additional terms and subject to the conditions contained in the tender offer memorandum dated 29 September, which will be available to eligible holders of the Notes.

The purchase of any Notes by the Company is at the sole discretion of the Company and subject to the successful pricing of the issue of new fixed rate notes (the “New Notes”), with a maturity of five years, which the Company intends to proceed with and which will be guaranteed by Hellenic Petroleum S.A.. With regard to the Company’s intention to issue New Notes, a separate announcement will follow.

Credit Suisse Securities (Europe) Limited, HSBC Bank PLC, Eurobank Ergasias S.A., Alpha Bank A.E., NBG Securities S.A. and Piraeus Bank S.A. will act as Dealer Managers and Lucid Issuer Services Limited as the Tender Agent.

 

 

Relevant Content

08.12.2023

Notification of completion of transaction

HELLENiQ ENERGY Holdings S.A. (the “Company”), following the announcement dated 7.12.2023, announces that, pursuant to a joint notification received on 8.12.2023 by its shareholders, Hellenic Republic Asset Development Fund S.A. and Paneuropean Oil & lndustrial Holdings S.A., was informed of the pricing of the international private placement, through an accelerated book-building offering in the context of their decision to dispose of part of their shares in the Company. The notification included the following announcement:

07.12.2023

Notification by HRADF and POIH for the decision to dispose of certain of their shares in HELLENiQ ENERGY Holdings S.A.

HELLENiQ ENERGY Holdings S.A. (the “Company”) announces that on 7.12.2023, following a letter sent by its shareholders, Hellenic Republic Asset Development Fund S.A. ("HRADF") and Paneuropean Oil & lndustrial Holdings S.A. ("POIH"), was informed of their decision to dispose of certain of their shares in the Company on a pro-rata basis, through an international private placement, in accordance with the provisions of the HRADF Law and the HRADF’s updated Asset Development plan. The letter included the following announcement:

08.11.2023

Notification of appointment of Market Makers

HELLENiQ ENERGY Holdings S.A. (the "Issuer") announces that the Listings and Market Operation Committee of the Athens Stock Exchange (“ΑΤΗΕΧ”), with its decisions of 30/10/2023 and 01/11/2023, approved the appointment of the ATHEX Members "Eurobank Equities S.A." and "Alpha Finance S.A." as Market Makers on the Issuer's shares, with Wednesday, 1 November 2023 and Tuesday, 7 November 2023, respectively, set as the start dates of the Market Making obligations.