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Was will uns diese Pressemitteilung sagen? Carpe diem http://www.ase.gr/content/en/Announcements/CompaniesPress/pr… Piraeus Bank S.A. announces Results of Ten der Offer s for certain Subordinated Securities NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLA NDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS) , ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA OR TO ANY U.S. PERSON 28 May 201 3 . Piraeus Bank S.A. (the Bank ) announce s today the r esults of its invitation to (a) holde rs of the outstanding €200,000,000 Series A Floating Rate Non - Cum ulative Guaranteed Non - Voting Preferred Securities of Piraeus Group Capital Limited (ISIN: XS0204397425) (the Preferred Securities ) to tender their Preferred Securities for purchase by the Ba nk for cash and (b) holders of the outstanding €400,000,000 Subordinated Callable Step - up Floating Rate Notes due 2016 of Piraeus Group Finance PLC (ISIN: XS0261785504) (the Lower Tier 2 Notes and, together with the Preferred Securities, the Securities ) to tender their Lower Tier 2 Notes for purchase by the Bank for cash (each an Offer and together the Offers ) . The Offer s wer e announced on 13 May 2013 and wer e ma de on the ter ms and subject to the conditions contained in the t ender o ffe r m emorandum dated 13 May 2013 (the Ten der Offer Memorandum ) prepared by the Bank . Capitalised terms used in this announcement but not defined have the meanings given to them in the Tender Offer Memorandum. The Expiration Deadline for the Offer s was 4.00 p.m. (London time) on 24 May 2013 . As at the Expiration Deadline, € 39,534,000 in aggr egate liquidation preference of the Preferred Securities had been va lidly tendered pursuant to the relevant Offer and € 26,204,000 in aggregate nominal amount of the Lower Tier 2 Notes had been validly tendered pursuant to the relevant Offer . The Bank has decided to accept all Securities validly tendered in the Offers in full. The Bank will pay (i) a purchase price of 3 5 pe r cent. of the nominal liquidation preference of any Preferred Securities accepted by it for purchase pursuant to the relevant Offer and (ii) a purchase price of 5 5 per cent. of the nomina l amount of any Lower Tier 2 Notes accepted by it for purchase pursuant to the relevant Offer and will also pay an Accrued Interest Payment i n respect of such Lower Tier 2 Notes. The Bank will not ma ke any further payment pursuant to the terms of the relevant Offer in respect of accrued dividend or arrears of dividend in respect of the r eleva nt Preferred Securities accepted by it for purchase pursuant to the re levant Offer. The Settlement Date in respect of those Securities accepted for purchase is expected to be 30 May 2013 . Following settlement of the Offer s on the Settlement Date, € 19,300,000 in aggregate liquidation preference of the Preferred Securities and € 235,924,000 in aggr egate nominal amount of the Lower Tier 2 Notes will remain outstanding. Barclays Bank PLC (Telephone: +44 20 7773 8990 ; Attention: Liability Management Grou p; Em ail: eu.lm@barc lays .com ) , BNP Paribas ( Te lephone: +44 20 7595 8668; Attention : Liability Management Group ; Email: liability.management@bnpparibas.com ) and Deutsche Bank AG, London Branch (Telephone: +44 20 7545 8011 ; Attention: Liability Management Gr oup ; Email: liability.management@db.com ) are acting as Dealer Managers for the Offers and Lucid Issuer Services Limited (Telephone: +44 20 7704 0880; Attention: Thomas Choquet; Email: piraeus@lucid - is.com) is acting as Tender Agent. DISCLAIMER This announc ement must be r ead in conjunction with the T ender Offer Memorandum. No offer or invitation to acquire any securities is being made pursuant to this announcement. The distribution of this announcement and the Tender Offer Memorandum in certain jurisdictio ns may be restricted by law. Persons into whose possession this announcement and/or the Tender Offer Memorandum comes are required by each of the Ba nk, the Dealer Managers and the Tender Agent to inform themselves about, and to observe, any such restricti ons. |
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| aus der Diskussion: | Piraeus Bank eine chance für daytrader und Investoren ? |
| Autor (Datum des Eintrages): | Pruhonice (28.05.13 17:54:06) |
| Beitrag: | 114 von 303 (ID:44732801) |
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