Shareholders of copper and aluminium Elvalhalcor on Friday, during an extraordinary general assembly, approved of a proposal by the company’s board of directors to issue a common, interest-bearing, unsecured bond loan worth up to 250 million euros.

The seven-year bond loan will be listed for trading on the Athens Stock Exchange (ATHEX).

The general shareholders’ meeting also authorized the board of directors to finalize the definitive terms of the bond loan and to take all legal and material actions deemed necessary or expedient in order to complete the bond issue, offer and listing on ATHEX.

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