June 28 (SeeNews) - Bosnian coal mining company Banovici [SAJ:RMUBR] said it launched a public call for a six-month revolving loan in the amount of 2.5 million marka ($1.4 million/1.3 million euro).
The estimated value of the loan contract is 93,500 marka, tax excluded, the company said in a tender posted on Bosnia's e-Procurement portal on Tuesday.
The deadline for submitting offers is July 17.
The government of Bosnia's Federation entity owns a 69.5% stake in Banovici, according to the most recent data published by the Sarajevo Stock Exchange.
The company's shares last traded on the Sarajevo bourse on June 9, when they closed 20% lower at 10.8 marka.
The Federation is one of two autonomous entities forming Bosnia and Herzegovina. The other one is the Serb Republic.
(1 euro = 1.95583 marka)