Source: eKapija | Thursday, 09.06.2016.| 12:29
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Telekom Slovenije issues bonds worth EUR 100 mil

(Photo: Nonwarit/shutterstock.co)
Telekom Slovenije has issued five-year bonds in the nominal value of EUR 100 mil, with an annual interest rate of 1.95%, announced the Slovenian national telecommunications operator.

Telekom Slovenije points out that the interest of the investors was higher than the targeted offer by 70%, and the EUR 100 mil received will mark the end of the company's planned debit for this year, inform the regional media.

The bonds have been issued as part of an agreement with a consortium of banks which have allowed Telekom Serbia to make a total of EUR 300 mil of debit this year. The issuing of the bonds was organized by Nova Ljubljanska Banka (NBL) and Alta Invest.

The assets gained by the issuing of the bonds of Telekom Slovenije will be used for new investments. The Telekom Slovenije group has set aside EUR 156 mil for this year's investments, which is 38% more than last year.

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