Profil:
Erbud SAErbud builder to issue up to PLN 75 mln total worth bonds
Listed builder Erbud has decided to issue up to 75,000 unsecured series E bearer bonds with a total nominal value of maximum PLN 75 million (EUR 18 mln), the company said in a market filing. The issue will take place on Thursday, February 27.
The bonds will bear interest at a floating rate of WIBOR 6M plus a margin of 3 percent per annum.
The redemption date for the bonds will be February 27, 2029, subject to the possibility of early redemption under the terms and conditions of issue applicable to the bonds.
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