Public Power Reaches Deal on Refinancing of Syndicated Bonds

An agreement was reached with Greek Banks for the refinancing of two existing syndicated bond loans amounting to EU1.3b and EU175m, as well as for the provision of a new credit line amounting to EU200m, which can be used for the repayment of an international bond maturing in 2019, if needed, Public Power says in Athens Stock Exchange filing.

• Following approval of the agreement by the credit committees of the banks and the board of directors of PPC , the Company will proceed to an announcement