OTE ANNOUNCES TENDER RESULTS FOR ΟΤΕ PLC 2016 AND 2018 BONDS
OTE plc, a subsidiary of OTE SA, concluded a tender for cash of its May 2016 bonds (ISIN XS0275776283) and its February 2018 bonds (ISIN XS0885718782). OTE plc accepted tenders amounting to €240.1 million and €50 million of the May 2016 and the February 2018 bonds respectively. The May 2016 bonds and the February 2018 bonds were repurchased at a price of 101.5% and 109.408% respectively. The tendered bonds will be surrendered for cancellation. Following the completion of the transaction, which will settle on 01/12/2015, the outstanding principal amount of May 2016 bonds and February 2018 bonds will be €389.4 million and €650 million respectively.
OTE GROUP MERGERS, ACQUISITIONS AND INVESTOR RELATIONS Τel. + 30 210-6111574 Fax: + 30 210-6111030 E-mail: esarsentis@ote.gr | MEDIA OFFICE ΟΤΕ GROUP CORPORATE COMMUNICATIONS DEPARTMENT Tel: +30 210-6117434 Fax: +30 210-6115825 E-mail: media-office@ote.gr |
This announcement must be read in conjunction with the Tender Offer Memorandum dated 23 November 2015 published by OTE plc. No offer or invitation to acquire or sell any securities is being made pursuant to this announcement. The distribution of this announcement and the Tender Offer Memorandum in certain jurisdictions may be restricted by law. Persons into whose possession this announcement and/or the Tender Offer Memorandum come are required to inform themselves about, and to observe, any such restrictions.
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