December 11 (SeeNews) - Slovenian rubber-to-tourism holding company Sava said it has issued 26.5 million euro ($39 million) in five-year bonds.
The interest rate of the bonds is 7.20% per year, the company said in a statement posted on the website of the Ljubljana Stock Exchange (LJSE) on Thursday.
Sava sold 26,500 bonds of 1,000 euro each on December 3. They mature on December 9, 2014.
The funds attracted through the bond issue will be used for balancing the balance sheet structure by maturity, Sava said earlier.
The bonds are expected to be listed on the LJSE in January.
No trading data for Sava shares were available by 1040 GMT on Friday. The stock ended 0.13% lower on Thursday, at an average daily price of 224.29 euro per share.
($ = 0.677 euro)