May 31 (SeeNews) - Croatian holding company Meritus Ulaganja [ZSE:MRUL] said on Tuesday that it is considering to issue bonds on the domestic capital market in the total nominal amount of up to 60 million euro ($64 million).
The sustainability-linked bond will have a one-off maturity of the principal of up to 5 years and will be listed on the Zagreb Stock Exchange, the company said in a filing to the Zagreb bourse.
Meritus Ulaganja is the parent company of business process and technology outsourcing (BPTO) services provider M+ Group. Zagreb-bazed M+ Group operates also in Germany, Slovenia, Bosnia, Serbia, Turkey, Romania, Hungary, the UK and the U.S.
Over the past five years, the M+ Group has made 15 acquisitions and secured a diversified portfolio of clients consisting of technology, energy, logistics, and e-commerce companies, consumer goods companies, financial institutions, and European and global telecoms. It has a language portfolio of 31 languages.
Meritus Ulaganja's shares last traded on the Zagreb bourse on February 24, ending 9.09% lower at 1,000 kuna ($142/133 euro).
(1 euro = 7.541 Croatian kuna)