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Dec 13, 2007 20:56 EEST
ZAGREB (Croatia), December 13 (SeeNews) – The Zagreb Stock Exchange said on Thursday it has listed on its top tier a 100 million kuna ($20 million/14 million euro) seven-year fixed-rate corporate bond issued by Croatian state-owned telecommunications equipment provider Odasiljaci I Veze (OIV).
The bonds will start trading on Friday, the bourse said in a statement. They bear an annual interest rate of 7.25% and mature in 2014.
OiV offers services such as lease of transmission lines, transmitters and antenna systems to radio and television broadcasters and telecoms. Its main clients include the three Croatian television broadcasters with national coverage, wireless operator Tele2, and several fixed-line telecoms. It also owns concessions for providing wireless broadband Internet access over long distances, or the so-called WiMAX technology, for almost all Croatian counties.
(1 euro = 7.3150 Croatian kuna)
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