04/22/2021 | Press release | Distributed by Public on 04/22/2021 06:22
1st Interest Payment Period of the Common Bond Loan
OPAP S.A. ('the Company') hereby announces that according to the terms of the Common Bond Loan issued on 27.10.2020 by the Company ('the Bond Loan'), the record date for the beneficiaries of interest for the 1st interest period is Holy Monday, April 26th, 2021.
As of Friday, April 23rd, 2021 (Ex-coupon date) the Company's bonds in connection to the Bond Loan will be traded on the Athens Exchange without the right to receive the interest corresponding to the first interest payment period.
The gross interest amount for the 1st Interest Period which corresponds to 200,000 bonds currently traded on the Organized Market of the Athens Stock Exchange is euro 2,123,333.33i.e. euro 10.616667 per bond and has been calculated at an annual interest rate of 2.10% (before tax), on an actual over 360 basis (act/360).
The payment of the interest amount due to the bondholders will take place though 'HELLENIC CENTRAL SECURITIES DEPOSITARY S.A.' (ATHEXCSD) on Holy Tuesday, April 27th 2021, as follows:
It is hereby clarified that according to the current applicable legislation, interest amounts not collected within five (5) years from the end of the year in which the payment was due shall be written off in favor of the Hellenic Republic.
ATHENS, 22.04.2021
OPAP S.A.