July 19, 2019 / 12:12 PM / a month ago

Fortenova Grupa prepares 4-year bond worth up to 1.2 bln euros

ZAGREB, July 19 (Reuters) - Croatian food company Fortenova Grupa said on Friday it was preparing to issue a four-year bond worth up to 1.2 billion euros ($1.35 billion).

The bond is aimed at financing a liquidity loan worth some 1.1 billion euros taken two years ago to avoid bankruptcy, the company said in a statement.

The interest rate will be 7.3 percent plus Euribor, Fortenova said.

$1 = 0.8902 euros Reporting by Igor Ilic; editing by Jason Neely and Jane Merriman

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below