January 30, 2018 / 7:12 AM / 3 months ago

BRIEF-PRISMI To Issue Bonds For Total Nominal Value Of EUR 10.5 Mln

Jan 30 (Reuters) - PRISMI SpA

* ANNOUNCED ON MONDAY ITS BOARD OF DIRECTORS APPROVED ISSUANCE OF BONDS FOR MAXIMUM NOMINAL VALUE OF EUR 10.5 MLN

* THE BONDS, WITH NOMINAL VALUE OF EUR 1,000 PER BOND, WILL BE OFFERED TO QUALIFIED INVESTORS

* BONDS WILL HAVE DURATION OF SIX YEARS AND WILL CARRY FIXED ANNUAL GROSS RATE OF 5 PCT

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Further company coverage: (Gdynia Newsroom)

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