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Croatia's Erste&Steiermarkische Bank plans bond issue

Croatia's Erste&Steiermarkische Bank plans bond issue Author: Radomir Ralev

ZAGREB (Croatia), October 12 (SeeNews) - Croatia’s Erste&Steiermarkische Bank said on Thursday it intends to issue bonds in the amount of up to 50 million euro ($59.2 million), with a five year maturity.

The euro-denominated bonds will be issued in the non-materialised form, Erste&Steiermarkische Bank said in a Zagreb bourse filing.

The bank intends to list these bonds on the official market of the Zagreb Stock Exchange.

Erste&Steiermarkische Bank provided no further details.

($=0.8442 euro)

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