Thursday, October 6, 2011

ANNOUNCEMENT

Issue of Bond Loan

SIDENOR SA informs that, pursuant to article 16, par.3 of Law 3556/2007 and following the respective resolution of the Ordinary General Shareholders Meeting dated 15.6.2010, the Company has proceeded on 6.10.2011 to the issue of a common bond loan amounting euro 8.75 mil with ALPHA BANK S.A. as bond holder, with a two years maturity in order to refinance the Company's outstanding debt.