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Bosnia's Niskogradnja Laktasi invites investors for 8-yr debt issue

Jun 18, 2024, 2:22:26 PMArticle by Dragana Petrushevska
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June 18 (SeeNews) - Bosnian road construction company Niskogradnja Laktasi said on Tuesday it is inviting investors to subscribe for its new notes issue planned in the amount of 3 million marka ($1.6 million/1.5 million euro).

Bosnia's Niskogradnja Laktasi invites investors for 8-yr debt issue
Author: Bulgaria’s Road Infrastructure Agency. Licence: All rights reserved.

The company is offering to investors 3,000 notes of 1,000 marka in par value each, it said in a bourse filing.

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

The offering will be available for subscription for a period of 30 days starting June 26. 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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