March 29 (SeeNews) - Bosnian microloan provider Pro Fin said it issued 2.65 million marka ($1.5 million/1.4 million euro) worth of fixed-rate three-year notes, in line with target.
The company issued 26,500 notes at a price of 100 marka each, equal to their par value, it said in a filing with the Banja Luka Stock Exchange earlier this week.
The debt paper bears annual interest of 7.50%, with coupon payments due monthly, Pro Fin said in an earlier filing.
The company, established in 2017, offers microloans to entrepreneurs and small companies.
(1 euro = 1.956 marka)