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Croatia’s Erste&Steiermaerkische Bank issues 300 mln kuna (39.7 mln euro) bond

Nov 23, 2012, 2:39:34 PMArticle by Kire Nedelkovski
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ZAGREB (Croatia), November 23 (SeeNews) – Croatia’s Erste&Steiermaerkische Bank (ESB) said on Friday it has issued on the domestic market a 300 million kuna ($51.2 million/39.7 million euro) bond, yielding 5.875%.

Croatia’s Erste&Steiermaerkische Bank issues 300 mln kuna (39.7 mln euro) bond

The issue bears a 5.875% coupon to be paid on May 23 and November 23, starting from May 23, 2013, ESB said in a statement posted on the Zagreb Stock Exchange website.

The maturity date of the bonds is November 23, 2017.

ESB said it plans to list the bonds on the official market of the Zagreb bourse after getting the relevant regulatory approval.

(1 euro = 7.5599 Croatian kuna)

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