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Bosnia's Castellina Srpska offers for subscription 5-yr notes

Apr 19, 2024, 3:57:16 PMArticle by Dragana Petrushevska
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April 19 (SeeNews) - Bosnian grain mill products manufacturer Castellina Srpska invited investors on Friday to subscribe for its first issue of five-year notes planned in the amount of 3.5 million marka ($1.9 million/1.8 million euro).

Bosnia's Castellina Srpska offers for subscription 5-yr notes
Wheat. Image source: Pixabay.

The company is offering to investors 3,500 notes of 1,000 marka in par value each, bearing annual interest of 6.70%, it said in a bourse filing.

The offering will be available for subscription for 30 days starting April 29. The note issuance will be considered successful if at least 60% of the offering is subscribed.

(1 euro = 1.956 marka)

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