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Serbian drug maker Galenika places 60-day bond issue

Sep 27, 2012, 3:51:11 PMArticle by Valentina Dimitrievska
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BELGRADE (Serbia), September 27 (SeeNews) – Serbian drug maker Galenika has placed a 32 million dinar ($357,350/278,200 euro) 60-day bond issue, the brokerage house in charge of the transaction said on Thursday.

Serbian drug maker Galenika places 60-day bond issue

Galenika sold 3,200 bonds at a price of 10,000 dinars each, equal to their par value, Galenika Broker said in a filing to the Central Securities Depository and Clearing House.

The issue bears an annual interest rate of 11% and will mature on November 26.

This is Galenika’s 12th short-term bond issue.

(1 euro=115.0245 Serbian dinars)

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