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Bosnia's MKD Auris invites investors for 5-yr debt issue

Jun 12, 2024, 3:39:27 PMArticle by Dragana Petrushevska
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June 12 (SeeNews) - Bosnian microcredit institution MKD Auris said on Wednesday it is inviting investors to subscribe for its new notes issue planned in the amount of 1 million marka ($553,333/511,292 euro).

Bosnia's MKD Auris invites investors for 5-yr debt issue

The company is offering to investors 1,000 notes of 1,000 marka in par value each, it said in a bourse filing.

The notes will have a maturity of five years and will bear annual interest of 7%.

The offering will be available for subscription for a period of 90 days starting June 27. The note issuance will be considered successful if at least 60% of the offering is subscribed for.

(1 euro = 1.956 marka)

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