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Ljubljana share indices end week up, Telekom Slovenije leads gainers
Dec 18, 2017 11:20 EEST
December 18 (SeeNews) - Slovenian steel producer Slovenska Industrija Jekla (SIJ) said it has successfully issued 27.3 million euro ($32.2 million) in twelve-month bonds.
The issue carries an annual interest rate of 1.10%, the lowest yet achieved by the company, SIJ said in a filing to the Ljubljana bourse late on Friday.
The proceeds of the issue will be used for diversification and optimization of short-term sources of financing.
All activities related to the organization of the sale and the issue of bonds were performed by Ljubljana-based lender NLB.
SIJ is 72.2%-owned by Dutch-registered Dilon Cooperatief. The Slovenian state owns a 25% stake.
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