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Nov 13, 2017 16:38 EEST
November 13 (SeeNews) - Croatian state-owned energy utility HEP said on Monday it has fully repaid its five-year euro bond issued on November 9, 2012 worth a nominal $500 million (428.5 million euro).
In 2015, HEP placed on the international markets a $550 million bond due in 2022, and used a bulk of the raised funds to refinance 83.37% of its 5-year bond, it said in a Zagreb bourse filing.
The remaining amount was paid back on November 9 this year, it noted.
HEP group owns and operates over 4,000 MW of installed generation capacity and 974 MW of heat production capacity, including 25 hydroelectric plants and eight thermal power plants fired by oil, natural gas or coal.
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