Announcement
PPC S.A. announces that the Board of Directors of PPC and the Credit Committee of Black Sea Trade & Development Bank (subject to the approval of the Board of Directors of Black Sea Trade and Development Bank), have each approved the financial terms of a new loan of €160 million with a 5-year tenor, bullet repayment and competitive interest rate to fund PPC’s S.A. capex plan.
This financing marks the beginning of a valuable cooperation with Black Sea Trade & Development Bank, the Thessaloniki-based regional development bank, which supports investment projects in the energy sector with significant importance for the economy, Greek consumers, security of supply of the country and the environment.
Athens, April 5, 2019