Capital/Financing Update • Jul 22, 2025
Capital/Financing Update
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July 22, 2025
PPC S.A. ("PPC") announces that it has agreed to amend the terms of the €325 million securitization transaction of receivables over 90 days past due. The amendment concerns inter alia:
Apart from Deutsche Bank AG and funds under PIMCO's management, which are the senior noteholders, it is noted that PPC Zeus DAC is the issuer of the bonds, while PPC acts as seller, servicer and junior noteholder. In addition, Qualco S.A. acts as sub-servicer and Citibank N.A. (London branch) acts as note trustee.
It is also noted that on June 11 2025, PPC agreed with JP Morgan and certain other parties to the transaction, the extension until December 2025 of the maturity date of the €300 million securitisation transaction from receivables to 60 days. It is also noted that said securitization transaction was initially carried out by PPC on November 18, 2020 with certain entities and intermediary legal entities of JP Morgan acting as administrative agent and investors, Finacity Corporation acting as reporting agent and PPC Energy Finance DAC acting as issuer.
For further information please contact:
Investor Relations Division 30, Chalkokondyli str., 104 32 Athens Τ: +30 210 529 2153 +30 210 529 3665 +30 210 529 3207 [email protected]
The announcement may be accessed on the website of Public Power Corporation S.A. (www.ppcgroup.com) at the "Investors Relations" section.
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