@Buddybroker 2: 3. STATUS OF THE BONDS AND NEGATIVE PLEDGE des USD-Bondes

 etwas seltsam dieser Punkt 3: Überschrift spricht wie üblich von negative pledge....wird aber nicht ausgeführt...dafür aber knackige pari passu clause...(für eventuelle Zwangsvollstreckungen unter pro rata payment...

3. STATUS OF THE BONDS AND NEGATIVE PLEDGE
The Bonds constitute, senior, unsubordinated and, subject to this Condition,
unsecured obligations of the Republic. The Bonds rank pari passu with all other
unsecured and unsubordinated obligations of the Republic outstanding on
25 June 2008 or issued thereafter without any preference granted by the Republic
to one above the other by reason of priority of date of issue, currency of payment,
or otherwise. The due and punctual payment of the Bonds and the performance of
the obligations of the Republic with respect thereto is backed by the full faith and
credit of the Republic.

OFFERING CIRCULAR
The Hellenic Republic
$1,500,000,000
4.625 per cent. Bonds due
25 June 2013
Issue Price: 99.871 per cent.
The $1,500,000,000 4.625 per cent. Bonds due 25 June 2013 (the “Bonds”) of The
Hellenic Republic (the “Republic”) will bear interest from, and including,
25 June 2008 and interest will be payable annually in arrear on each Interest Payment
Date (see “Terms and Conditions of the Bonds – Interest”). Payments of interest in
respect of the Bonds will be made without deduction for or on account of Greek taxes,
as described, and subject to the exceptions set out, under “Terms and Conditions of
the Bonds - Taxation”.