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 24.1.2011 to the issue of a common bond loan amounting euro 10.5 mil with bank ALPHA BANK S.A. as the bond holder, with a two year maturity in order to refinance the short-term debt of the Company with long-term debt.