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Bosnia's Putevi RS to borrow 102 mln euro for investments - report

Bosnia's Putevi RS to borrow 102 mln euro for investments - report Gena96/Shutterstock.com

SARAJEVO (Bosnia and Herzegovina), March 26 (SeeNews) - The state-owned road operator of Bosnia's Serb Republic, Putevi RS, has opened a tender call for a 200 million marka ($111.9 million/102.3 million euro) loan, to be spent on construction and reconstruction of roads, local media reported. 

The road operator plans to take a loan with a seven-year tenor and a grace period of two years, including an annual interest rate of maximum 3%, news portal Capital.ba reported on Tuesday. 

The deadline for submitting offers is May 8. 

The Serb Republic is one of two autonomous entities forming Bosnia and Herzegovina. The other one is the Serb Republic. 

(1 euro - 1.95583 marka)

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