PPC S.A. clarifies that press articles referring to “loans granted with prenotice on IPTO fixed assets” are completely inaccurate. None of the loan contracts of PPC are secured against fixed assets. Furthermore, the reference that “a term in EIB loan contract provides for payment in cash or securities which can be liquidated over a six month period in case of assets sale for the equivalent amount” is also inaccurate.
Athens, December 11, 2015
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