ALUMIL - ALUMINIUM EXTRUSION INDUSTRY S.A.
Kilkis, March 10th 2010
Announcement for debenture bond issuance
Alumil SA announces that on 9/3/2010 the contract for the common bond issue, in order to refinance the company’s existing debt has been signed. The bond issuance amounts to Euro 120,000,000, and has a 5-year maturity.
ALPHA BANK S.A. and PIRAEUS BANK S.A. will act as co-organizers for the issuance. It should be noted that PIRAEUS BANK S.A. will act as representative of the other bondholders.
The bond issued under Law 3156/2003 and Law 2190/1920 pursuant to the 7/12/2009 decision of the General Assembly and the 23/2/2010 decision of the Company’s Board of Directors.
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ALUMIL is ranked among the largest aluminium extrusion and profiles production private European groups (No 1 in Greece since 2000) establishing production sites, large sales networks and warehouses for products targeting architectural & industrial use, shipbuilding, transportation, etc. With 26 subsidiaries, 20 of which are spread throughout Europe, Africa and the Middle East, ALUMIL provides production sites in four Hellenic industrial areas, Romania, Bulgaria, Serbia, Bosnia and Albania. ALUMIL has successfully infiltrated into 45 markets in Europe, the Balkans, the M. East and in the U.S.A. A significant competitive advantage remains its widespread sales network in Greece and in every client-country. Parent company was founded in 1988 and since 1998 is listed in the Athens Stock Exchange. Included eight times in GrowthPlus’ Europe’s 500 for its contribution to the European economy, ALUMIL Group sales surpassed € 285 m. in 2008, EBITDA reached € 37 m. Alumil is an associated member of the European Aluminium Association as a recognition of the Company’s significant contribution to the field of design and production of architectural aluminium systems, and industrial profiles.
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