Issuance of Common Bond Loan with total nominal value amounting to 8,000,000 Euro
The Management of the Anonymous Company under the name FLEXOPACK SOCIETE ANONYME COMMERCIAL AND INDUSTRIAL PLASTICS COMPANY and the distinctive title “FLEXOPACK S.A.” (hereinafter referred to as the Company), hereby announces that on 19/12/2024 was signed a Bond Coverage Contract pursuant to the provisions of Law 4548/2018 and Law 3156/2003, as currently in force, of an amount of 8,000,000 Euro, which Bond Loan was fully covered by Eurobank S.A., also designated as Payment Agent and Representative of the Bondholders.
The product of the above-mentioned Common Bond Loan will be used by the Company as follows: (a) amount of EUR 892,890 for the refund of equal debts deriving from an existing Common Bond Loan, which had been covered by EUROBANK ERGASIAS S.A., and (b) amount of EUR 7,107,110 to cover the Company's needs for working capital.
Koropi, 23 December 2024
For FLEXOPACK S.A.