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Binding agreement for the issuance of a Syndicated Bond Loan | TheGreekDeal.com
INTRALOT
Binding agreement for the issuance of a Syndicated Bond Loan
Intralot announces the execution of a binding agreement, concerning the basic terms for the issuance of a Syndicated Bond Loan
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Socratis Kokkalis, CEO, Intralot

Intralot announces the execution of a binding agreement, concerning the basic terms for the issuance of a Syndicated Bond Loan of up to €100 million with a consortium of five Greek banks, whereby Piraeus Bank and National Bank of Greece will act as Lead Arrangers, under the main condition of a successful issuance of a bond of a minimum amount of €130 million listed on the Athens Stock Exchange.

Intralot  plans to issue of the above bond to be listed on the Athens Stock Exchange amounting to €130 million, so that after its successful issuance and in combination with the Agreement, it will have secured the funds for the repayment of the total outstanding balance under the Senior Notes due September 2024, issued by the subsidiary Intralot Capital Luxembourg SA.

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