June 24 (SeeNews) - Bosnian printing company Atlantik BB plans to issue 4.5 million marka ($2.7 million/2.3 million euro) worth of 10-year bonds, it said on Thursday.
The company will offer to investors 45,000 securities at a price of 100 marka each, with a minimum tick size of 0.01 marka, it said in a filing with the Banja Luka bourse.
The bonds carry a fixed annual interest rate of 4.50%, paid on a monthly basis, according to the securities' prospectus. The principal will be repaid in 102 equal monthly instalments, following an initial 18-month grace period.
The securities will be available for orders on June 29, while deals will be closed starting June 30. The public offering will be active until the all of the offered bonds are sold or until the end of the public offering on July 28.
Atlantik BB has a production hall of about 5,300 square metres and a 553-square-metre office building in Banja Luka. It employs more than 100 people.
(1 euro = 1.95583 marka)