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Sep 15, 2023 15:34 EEST
September 15 (SeeNews) - North Macedonia-based lender UNI Banka [MSE:UNI] said on Friday that its shareholders have greenlighted a plan to issue a 2.50 million euro ($2.7 million) perpetual bond in a private placement.
The issue will consist of 2,500 bonds with a nominal value of 1,000 euro each, the lender said in a bourse filing.
The bonds will carry an annual coupon of 6% in the first five years, and 8% after that. Interest payments will be made semiannually. The bonds will be offered to pre-selected investors.
The lender's shares last traded on the Macedonian stock exchange on September 13, at an average price of 5,001 denars ($86.5/81.2 euro).
($ = 0.938299 euro)
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