Obligation Greece 3.875% ( GR0124035693 ) en EUR

Greece

104.64 % ▼

Grece

GR0124035693 ( en EUR )

3.875% par an ( paiement annuel )

11/03/2029

Prospectus brochure de l'obligation Greece GR0124035693 en EUR 3.875%, échéance 11/03/2029

1 000 EUR

2 500 000 000 EUR

12/03/2025 ( Dans 320 jours )

L'Obligation émise par Greece ( Grece ) , en EUR, avec le code ISIN GR0124035693, paye un coupon de 3.875% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 11/03/2029

FINAL PRICING TERMSHEET
5 March 2019

Issuer:

The Hellenic Republic
Issuer Ratings:

B1 (Moody's) / B+ (S&P) / BB- (Fitch).

A securities rating is not a recommendation

to buy, sell or hold securities and may be

subject to revision or withdrawal at any

time.
Type:

Senior Fixed Rate Notes
Format:

Regulation S (Category 1) / 144A
Currency:

Euro
Issue Size:

2,500,000,000
Tenor:

10 years
Issue Date:

12 March 2019 (T+5)
Maturity Date:

12 March 2029
Coupon Dates:

12 March in each year
First Coupon Date:

12 March 2020
Form of the Notes:

Dematerialised
Denominations:

1,000 and integral multiples in excess

thereof
Benchmark:

DBR 0.25% Feb 29 + 373.2bps
Re-offer Yield:

3.900% per annum
Coupon:

3.875% per annum payable in arrear
Issue Price:

99.796%
Listing:

Athens Stock Exchange
Clearing:
Bank of Greece System for Monitoring
Transactions in Book-entry Securities
(BOGS)
ISIN:

GR0124035693
Law:

English Law
Joint Lead Managers:

BNP Paribas

Citigroup Global Markets Limited

Credit Suisse Securities (Europe) Limited

Goldman Sachs International Bank

HSBC France

J.P. Morgan Securities plc
The Issuer has prepared a preliminary offering circular dated 4 March 2019 (the Preliminary Offering
Circular) to which this communication relates. This Pricing Notification is qualified in its entirety by
reference to the Preliminary Offering Circular. Before you invest, you should read the Preliminary Offering
Circular for more complete information about the Notes and this offering. An underwriter or dealer
participating in the offering will arrange to send you the Preliminary Offering Circular if you request it.
This Pricing Notification may not be distributed, taken or transmitted in or into the United States, its
territories or possessions, Canada, Australia, Japan or any other jurisdiction in which to do so would be
unlawful and any forwarding, distribution or reproduction of this announcement in whole or in part is

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unauthorised. The offering and the distribution of this Pricing Notification may be restricted by law and
persons into whose possession this communication or such other information comes should inform
themselves about and observe any such restriction.
The information contained herein does not constitute an offer to sell, or a solicitation of an offer to buy, any
Notes by any person in any jurisdiction in which it is unlawful for such person to make such an offering or
solicitation. The Notes described herein have not been, and will not be, registered under the U.S. Securities
Act of 1933 as amended (the Securities Act) or with any securities regulatory authority of any state or other
jurisdiction in the United States and may not be offered, sold or delivered within the United States except
pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the
Securities Act and applicable state securities laws. Accordingly, the Notes are being offered, sold or
delivered: (a) outside the United States in offshore transactions in reliance on Regulation S under the
Securities Act; and (b) in the United States only to "qualified institutional buyers" (as defined in Rule 144A
under the Securities Act (Rule 144A)) in reliance on, and in compliance with, Rule 144A. Each purchaser of
Notes will be deemed to have acknowledged, agreed and represented the representations and undertakings
described in "Subscription and Sale" in the Preliminary Offering Circular and is hereby notified that the offer
and sale of Notes to it is being made in reliance on the exemption from the registration requirements of the
Securities Act provided by Rule 144A. See "Subscription and Sale" in the Preliminary Offering Circular for
information of these and certain further restrictions on offers, sales and transfers of the Notes.
This Pricing Notification is directed only at persons who (i) are outside the United Kingdom or (ii) have
professional experience in matters relating to investments falling within Article 19(5) of the Financial
Services and Markets Act 2000 (Financial Promotion) Order 2005 (the Order) or (iii) are persons falling
within Article 49(2)(a) to (d) ("high net worth companies, unincorporated associations etc.") of the Order or
(iv) to whom this Pricing Notification may otherwise be directed without contravention of Section 21 of the
Financial Services and Markets Act 2000 (all such persons together being referred to as relevant persons).
This Pricing Notification must not be acted on or relied on by persons who are not relevant persons. Any
investment or investment activity to which this Pricing Notification relates is available only to relevant
persons and will be engaged in only with relevant persons.
This Pricing Notification and the information contained herein are not intended and shall not constitute a
public offer or advertisement of securities in the Hellenic Republic or an invitation to make offers to
purchase any securities in the Hellenic Republic within the meaning of Art. 2 (1) (d) of Greek Law
3401/2005 or any other applicable provision.
MiFID II product governance / Retail investors, professional investors and ECPs target market 
Solely for the purposes of each manufacturer's product approval process, the target market assessment in
respect of the Notes has led to the conclusion that: (i) the target market for the Notes is eligible
counterparties, professional clients and retail clients each as defined in Directive 2014/65/EU (as amended,
MiFID II); and (ii) all channels for distribution of the Notes are appropriate. Any person subsequently
offering, selling or recommending the Notes (a distributor) should take into consideration the
manufacturers' target market assessment; however, a distributor subject to MiFID II is responsible for
undertaking its own target market assessment in respect of the Notes (by either adopting or refining the
manufacturers' target market assessment) and determining appropriate distribution channels.
Stabilisation: FCA/ICMA.
Any disclaimers or other notices that may appear below are not applicable to this communication and should
be disregarded. Such disclaimers or other notices were automatically generated as a result of this
communication being sent via Bloomberg or another email system.

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