Jugoimport SDPR and Borbeni Slozeni Sistemi Incur Debt of EUR 100 Million Through Corporate Bonds

Source: Danas Friday, 21.10.2022. 12:21
Financial injection for Serbian defense industry (Photo: Aleksandar Parezanović)Financial injection for Serbian defense industry
The PE Jugoimport SDPR and its daughter company Borbeni Slozeni Sistemi incurred a debt of a total of RSD 11.7 billion, or EUR 100 million, by issuing corporate bonds at the beginning of October.

Jugoimport SDPR, the state-owned company for the trade of arms, has issued ten-year bonds worth RSD 6.65 billion, with the maturity date of October 3, 2032.

Borbeni Slozeni Sistemi, the company for the production of arms, founded by Jugoimport SDPR, has incurred a debt of slightly over RSD 5 billion through corporate bonds, also with the maturity date of 10 years.

In an announcement on the website of the Central Securities Depository and Clearing House, made by the agent of both issues, Banka Postanska Stedionica, it is not disclosed what the interest rate is or who the buyer is.

This is the second series of corporate bonds for both companies, because, in September 2020, they incurred a debt in this manner of a total of EUR 175 million.

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