Profil:
Develia SADevelia real estate plans to issue bonds by end of Q1 ‘25
Real estate firm Develia has concluded an annex to the programme agreement with listed lender mBank, pursuant to which the amount of the multiple bond issue programme has been increased from PLN 750 million (EUR 176.4 mln) to PLN 800 million (EUR 188.2 mln). The company plans to issue bonds by the end of Q1, 2025, the company said in a market filing.
Develia plans that the maturity of the bonds will be up to four years and the bonds issued will be unsecured.
The interest rate on the bonds will be a variable rate.
doa/ nl/