Brief: Arco Vara As Says Conducted A Bond Issue

Arco Vara AS

21/12/2018 14:56

Dec 21 (Reuters) - Arco Vara AS  ARC1T.TL :
    * SAYS CONDUCTED A BOND ISSUE AS A RESULT OF WHICH BONDS IN
AMOUNT
OF 1,325,000 EUROS WERE ISSUED
    * SAYS THIS CONSTITUTES FIRST TRANCHE OF A BOND PROGRAM,
UNDER
WHICH UP TO 2 MILLION EUROS WORTH OF BONDS MAY BE ISSUED BY END
OF 2019.
    * SAYS ISSUE DATE OF BONDS IS 21.12.2018 AND MATURITY DATE
IS
21.12.2020.
    * SAYS 13,250 BONDS WITH NOMINAL VALUE OF 100 EUROS ARE
ISSUED
WITH ANNUAL INTEREST RATE OF 12%

Source text for Eikon:  ID:nGNE7sVW1T 
Further company coverage:  ARC1T.TL 

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