Brief: BBI Development Resolves To Issue Bonds Worth 12.0 Mln Zlotys

Bbi Development SA

30/01/2020 09:26

Jan 30 (Reuters) - BBI Development SA  BBD.WA :
    * SAID ON WEDNESDAY THE COMPANY'S MANAGEMENT HAS RESOLVED TO
ISSUE
12,000 UNSECURED BBI0123 SERIES BEARER BONDS OF TOTAL NOMINAL
VALUE OF 12.0 MLN ZLOTYS UNDER EXISTING BOND ISSUE PROGRAMME
    * ISSUE PRICE FOR BBI0123 SERIES BONDS IS 1,000 ZLOTYS PER
BOND 
    * THE PURPOSE OF THE ISSUE IS THE PARTIAL REPAYMENT OF
EXISTING
DEBT RESULTING FROM THE REDEMPTION OF BBI0220 SERIES BONDS WITH
A TOTAL NOMINAL VALUE OF 37.1 MILLION ZLOTYS
    * BBI0123 SERIES BONDS ARE TO BE ISSUED ON JAN 31 WITH THE
REDEMPTION DATE SET FOR JAN 31, 2023
    * THE VALUE OF THE COMPANY'S LIABILITIES AS AT SEPTEMBER 30,
2019
WAS 125.5 MLN ZLOTYS

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEMG0hVa
    
 Further company coverage:  BBD.WA  
   


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