New Issue: Hellenic Petroleum prices $400 million 4 5/8% two-year notes at par

By Paul A. Harris

Portland, Ore., May 9 - Hellenic Petroleum Finance plc priced a $400 million issue of non-rated two-year senior notes at par to yield 4 5/8% on Friday, according to a market source.

The yield printed at the tight end of yield talk in the 4¾% area.

BNP Paribas, Credit Suisse, Eurobank and HSBC were the bookrunners.

The Greece-based refiner plans to use the proceeds to refinance debt and for general corporate purposes.

Issuer:	Hellenic Petroleum Finance plc (UK entity)
Amount:	$400 million
Maturity:	May 16, 2016
Securities:	Senior notes
Bookrunners:	BNP Paribas, Credit Suisse, Eurobank, HSBC
Coupon:	4 5/8%
Price:	Par
Yield:	4 5/8%
Trade date:	May 9
Settlement date:	May 16
Ratings:	Non-rated
Distribution:	Regulation S only
Price talk:	4¾% area
Marketing:	Roadshow

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