Croatias Atlantic grupa to issue HRK 115mn bonds.

By bne IntelliNews August 29, 2011
Croatias consumer goods producer and distributor Atlantic grupa plans to issue corporate bonds worth HRK 115mn in order to refinance bonds, maturing on December 6, 2011, daily Banka Magazine informed. The company will place the issue on September 7, 2011 through a public offering. The interest rate on the new issue will depend on the interest of investors and reference interest rates. In 2006, the group issued corporate bonds for the total amount of HRL 115mn. The papers have 5-year maturity. The issue was guaranteed by three companies of the group Atlantic Trade, Cedevita and Neva. Atlantic produces instant vitamin drinks and sports foods, cosmetics and personal care products. The company also distributes fast-moving consumer goods in South-Eastern Europe.

Related Articles

Croatian govt to acquire four companies part of 3.Maj shipyard.

The Croatian government decided on Thursday, March 21, to take over the ownership of all four companies part of local shipyard 3.Maj after which the privatisation of the parent company will be ... more

Croatias Dukat to make takeover bid for Slovenias Ljubljanske Mlekarne.

Croatian dairy producer Dukat said it intends to place a takeover bid for the 49.7% stake it does not yet own in Slovenian peer Ljubljanske Mlekarne. Dukats current stake of 50.3% in the ... more

Croatia's construction output down 2.1% y/y in Jan 2013.

Croatia's construction output fell 2.1% on the year in January 2013 after dropping an annual 19.9% a month earlier, the statistics office said, quoting unadjusted data. Working-day adjusted data, ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss