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Bosnia's Interlignum issues 6 mln marka (3.1 mln euro) bond

Bosnia's Interlignum issues 6 mln marka (3.1 mln euro) bond Photo: www.fmf.gov.ba

SARAJEVO (Bosnia and Herzegovina), January 3 (SeeNews) - Bosnian furniture maker Interlignum placed a 6 million marka ($3.5 million/3.1 million euro) bond issue with an eight-year term, in line with its target, the company said.

The company issued 60,000 securities at 100 marka each, equal to their par value, it said in a filing with the Banja Luka Stock Exchange on Friday.

The debt paper has a six-month grace period and a fixed annual interest of 4.0%, Interlignum said in an earlier filing.

Interlignum was founded in 2002 by local businessman Stojko Petkovic, who owns the entire capital of the company.

(1 euro = 1.95583 marka)

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