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Bosnia's MKD Credis offers for subscription 1 mln euro notes

Jun 26, 2024, 4:14:26 PMArticle by Dragana Petrushevska
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June 26 (SeeNews) - Bosnian microcredit institution MKD Credis invited investors on Wednesday to subscribe for its new issue of three-year notes planned in the amount of 2 million marka ($1.1 million/1 million euro).

Bosnia's MKD Credis offers for subscription 1 mln euro notes
Photo: www.fmf.gov.ba

The company is offering to investors 2,000 notes of 1,000 marka in par value each, bearing annual interest of 6%, it said in a bourse filing.

The offering will be available for subscription for 15 days starting July 5. The note issuance will be considered successful if at least 60% of the offering is subscribed.

The company raised 1 million marka from the sale of three-year notes in March.

(1 euro = 1.956 marka)

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