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Slovenian steel maker SIJ issues additional bonds

Author Radomir Ralev
Slovenian steel maker SIJ issues additional bonds Author: SIJ. License: All rights reserved.

LJUBLJANA (Slovenia), December 30 (SeeNews) - Slovenian steel producer Slovenska Industrija Jekla (SIJ) completed the issue of additional amounts of its five-year SIJ6 and three-year SIJ7 bonds maturing in 2024 and 2023, respectively, it said.

The company issued additional SIJ6 securities worth 8 million euro ($9.1 million) and additional SIJ7 bonds worth 5 million euro, SIJ said in a filing with the Ljubljana Stock Exchange on Wednesday.

The new bonds will be listed on the Ljubljana Stock Exchange on December 30.

Earlier this month, SIJ said it aims to issue additional amounts of the SIJ6 and SIJ7 bonds to finance long-term investments in production technology, including environmental protection and energy efficiency technology, and improve the maturity structure of existing loan obligations.

The company issued the SIJ6 bonds with a total nominal amount of 40 million euro on November 25, 2019. The SIJ7 bonds worth 26.1 million euro were issued on February 11, 2020.

SIJ is the largest vertically integrated metallurgical group in Slovenia. Its products hold leading positions on European and global niche steel markets.

($ = 0.88305 euro)

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