November 15 (SeeNews) - Bosnian company Connect People, which imports and distributes gift wrap, bags and cards, said on Tuesday that its 5.8 million marka ($3.1 million/3 million euro) bond issue was admitted to trading on the Banja Luka Stock Exchange (BLSE).
A total of 58,000 bonds with a par value of 100 marka each will start trading on the BLSE on November 17, Connect People said in a statement.
The debt paper has a maturity of 13 years and bears annual interest of 6%.
Established in 2007, Connect People mostly imports and distributes greeting cards, gift bags, decorative paper, ceramic products and self-adhesive pictures.
(1 euro = 1.95583 marka)