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General

RCS&RDS' bonds issue well received in London

Monday 17 October 2016 | 09:49 CET | News
Romanian company RCS & RDS' issue of bonds in RON and EUR was well received by the London market, writes local paper Ziarul Financiar citing sources. The bonds in RON were issued at an interest rate of about 5 percent and were oversubscribed three times, while those in EUR were issued at an interest rate of about 3 percent and were twice oversubscribed, according to market sources. The bonds, issued over a period of 10 years by RCS & RDS' mother company Cable Communication System (CCS), were prepared for a value of EUR 375 million and RON 1.43 billion (equivalent to EUR 317 million).

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Categories: General
Companies: RCS & RDS
Countries: Romania
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