Hellenic Petroleum (Hel.Pe) on Wednesday announced that its wholly owned subsidiary, Hel.Pe Finance Plc, successfully issued new notes priced at 74.5 million euros, which will be consolidated and form a single series with HPF’s existing notes due October 2021.
Hellenic Petroleum (Hel.Pe) on Wednesday announced that its wholly owned subsidiary, Hel.Pe Finance Plc, successfully issued new notes priced at 74.5 million euros, which will be consolidated and form a single series with HPF’s existing notes due October 2021.
The new issue, which will be fully guaranteed by the parent company, were offered through a private placement at an offering price of 106 percent, with expected proceeds of 79 million euros and a yield of 3.333 percent. The new notes will be listed on the Luxemburg Stock Exchange.