January 5 (SeeNews) - Bosnian road construction company Niskogradnja said on Wednesday it is inviting investors to subscribe for its 4.2 million marka ($2.4 million/2.1 million euro) bond issue.
The company will issue 4,200 bonds of 1,000 marka in par value each, it said in a public call published on the Banja Luka bourse's website.
The bonds will have a maturity of 90 months and will bear annual interest of 4.2%.
The subscription period will last from January 13 to March 14.
The bond issuance will be considered successful if at least 60% of the offering is subscribed for.
(1 euro = 1.95583 marka)