Issuer:
OTE PLC
Guarantor:
Hellenic
Telecommunications
Organization S.A.
Guarantor
Ratings: BB+
positive (S&P)
Expected Issue Rating:
BB+(S&P)
Format:
Senior Unsecured, Reg S,
Bearer, NGN (No
communications with or
into the U.S.)
Size:
EUR 500m no-grow
Coupon:
FXD,
Ann, Act/Act
IPTs:
MS+165bps area
Settlement:
24 September 2019 (T+5)
Maturity:
24 September 2026
(7-year)
Docs:
GMTN/€100k x €1k/English
Law/ Luxembourg Stock
Exchange (Regulated
Market)
/Non Call Life/CoC
Use of
Proceeds:
General Corporate
Purposes
Joint Bookrunners:
BNP Paribas, Goldman
Sachs International
(B&D)
Co-Managers:
Alpha Bank, Eurobank
Ergasias, National Bank
of Greece, Piraeus Bank
Timing:
Books open, today’s
business
Shareholder’s interest:
Deutsche Telekom AG will
receive 20% of the deal
size
Target
Market:
Manufacturer target
market (MIFID II product
governance) is
eligible counterparties,
professional clients and
retail clients
(as
defined in MiFID II)
that are in a financial
situation to be able
to bear a loss of their
entire investment in the
Notes (all distribution
channels)
ISIN:
XS2055106137
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