03/07/2014

TITAN GLOBAL FINANCE PLC ΝOTES ISSUE 

TITAN Cement Company S.A. announces that the offering of €300 million nominal value notes, of a 5-year tenor, with an annual coupon of 4.25%, which will be issued by its subsidiary TITAN GLOBAL FINANCE PLC and guaranteed by Titan Cement Company S.A., has been completed.

The notes are expected to be issued on July 10, 2014. Application has been made for the notes to be admitted to trading on the regulated market of the Luxembourg Stock Exchange.

The proceeds from the issue will be used to refinance existing credit facilities of TITAN Group.

Alpha Bank SA, Eurobank Ergasias S.A., HSBC Bank plc, J.P. Morgan Securities plc, NBG Securities S.A. and Société Générale have acted as joint bookrunners and the size of the order book exceeded the amount of €1.2 billion.

This announcement is not for distribution, directly or indirectly, in or into the United States (including its territories and dependencies, any State of the United States and the District of Columbia). Nothing in this announcement shall constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States, or any jurisdiction in which such offer or sale would be unlawful. Any such securities have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the “Securities Act”). Any such securities may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act. No public offer of securities will be made in the United States or in any other jurisdiction where such an offering is restricted or prohibited. Copies of this announcement are not being, and should not be, distributed in or sent into the United States.