Profil:
Develia SADevelia real estate issues bonds for PLN 160 mln
Real estate developer Develia has issued 160,000 unsecured ordinary bearer bonds with a nominal value of PLN 1,000 (EUR 240.2) each and a maximum total nominal value of PLN 160 million (EUR 38.4 mln), the company said in a market filing.
The bonds bear interest at a floating interest rate of WIBOR 3M plus a margin of 2.4 percent per annum.
The redemption date of the bonds will be February 16, 2029.
The bonds were issued under an issue programme up to a total amount of issued and outstanding bonds of PLN 800 million (EUR 192.2 mln).
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