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General

Telekom Srbija plans EUR 200 million debt issue

Tuesday 25 August 2020 | 13:17 CET | News
Telekom Srbija plans to issue 2.35 million corporate bonds with an individual nominal value of RSD 10,000, for a total of RSD 23.5 billion (about EUR 200 million). They will have a maturity of five years and an interest rate of 3.25 percent plus three-month Belibor. The bonds are intended for qualified investors and will be issued for the refinancing of existing financial obligations and financing the improvement of business activities, the company said. The issue will be voted by an extraordinary shareholders assembly set for 15 September.

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Categories: General
Companies: Telekom Srbija
Countries: Serbia
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