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N. Macedonia's Uni Banka plans 2.5 mln euro ($2.53 mln) perpetual bond issue

N. Macedonia's Uni Banka plans 2.5 mln euro ($2.53 mln) perpetual bond issue Gena96/Shutterstock.com

SKOPJE (N. Macedonia), August 16 (SeeNews) - North Macedonia-based lender UNI Banka [MSE:UNI] said on Tuesday that it intends to issue a 2.50 million euro ($2.53 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 5% in their first five years, and 7% after that.

Interest payments will be made semiannually.

The bonds will be offered to pre-selected investors.

($ = 0.98563 euro)

 
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