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Marfin Egnatia Bank (IRSH)

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Tuesday 09 August, 2011

Marfin Egnatia Bank

Notice of Amendments

RNS Number : 0574M
Marfin Egnatia Bank S.A.
09 August 2011
 

For Immediate Release                                                                                               9 August 2011

 

COMPANY ANNOUNCEMENT

relating to

MARFIN POPULAR BANK PUBLIC CO LTD  (the "Issuer")

Issue of Series 2008-1 Floating Rate Covered Bonds
with ISIN XS0400240262 (the "Series 2008-1 Notes")
and
Issue of Series 2010-2 Floating Rate Covered Bonds
with ISIN
XS0531213907 (the "Series 2010-2 Notes")
of the Issuer presently outstanding

Notice of amendments to the Final Terms

 

1.         NOTICE IS HEREBY GIVEN that, pursuant to an amendment deed entered into between, among others, the Issuer, the Trustee and the holder of the Notes dated 9 August 2011 (the "Amendment Deed") the parties thereto agreed that:

(a)        the "Final Maturity Date" of the Series 2008-1 Notes, as set out in the Final Terms in respect of the Series 2008-1 Notes, shall, with effect from the date of the Amendment Deed, be amended to 18 November 2013;

(b)        the "Final Maturity Date" of the Series 2010-2 Notes, as set out in the Final Terms in respect of the Series 2010-2 Notes, shall, with effect from the date of the Amendment Deed, be amended to 19 August 2013;

(c)        the "Extended Final Maturity Date" of the Series 2008-1 Notes, as set out in the Final Terms in respect of the Series 2008-1 Notes, shall, with effect from the date of the Amendment Deed, be amended to 18 November 2014;

(d)        the "Extended Final Maturity Date" of the Series 2010-2 Notes, as set out in the Final Terms in respect of the Series 2010-2 Notes, shall, with effect from the date of the Amendment Deed, be amended to 18 August 2014;

(e)        the "Margin" of the Series 2008-1 Notes, as set out in the Final Terms in respect of the Series 2008-1 Notes, shall, with effect from the date hereof, be amended to 2.00 per cent. per annum;

(f)        the "Margin" of the Series 2010-2 Notes, as set out in the Final Terms in respect of the Series 2010-2 Notes, shall, with effect from the date hereof, be amended to 2.00 per cent. per annum;

(g)        the "Reference Rate" of the Series 2008-1 Notes, as set out in the Final Terms in respect of the Series 2008-1 Notes, shall, with effect from the date hereof, be amended to be set on a monthly basis from the Final Maturity Date up to and including the Extended Final Maturity Date;

(h)        the "Reference Rate" of the Series 2010-2 Notes, as set out in the Final Terms in respect of the Series 2010-2 Notes shall, with effect from the date hereof, be amended to 3 month EURIBOR up to and including the Final Maturity Date, and 1 month EURIBOR from the Final Maturity Date up to and including the Extended Final Maturity Date;

(i)         if the Series 2008-1 Notes are not fully redeemed on the Final Maturity Date, the Interest Payment Date shall become the 18th day of each calendar month, up to and including the Extended Final Maturity Date, subject to adjustment in accordance with the Business Day Convention; and

(j)         if the Series 2010-2 Notes are not fully redeemed on the Final Maturity Date, the Interest Payment Date shall become the 18th day of each calendar month, up to and including the Extended Final Maturity Date, subject to adjustment in accordance with the Business Day Convention.

2.         Copies of the Amendment Deed are available for physical inspection from the registered office of the Issuer and from the specified office, for the time being in London, of the Principal Paying Agent.

3.         All terms and expressions used but not defined in this Notice shall have the meanings given to them in the Incorporated Terms Memorandum (the "Incorporated Terms Memorandum") dated 17 November 2008 (as amended from time to time).

4.         This Notice is given by the Issuer.

 

Enquiries:

Mrs Anna Petrova
Marfin Popular Bank Public Co Ltd
Tel: +30 210 8170000
E-mail: [email protected]

 

This announcement has been issued through the Companies Announcement Service of

The Irish Stock Exchange.

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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