Brief: Pro Kapital Grupp approves up to 50 mln euro bond issue

Pro Kapital Grupp AS

03/04/2015 07:24

April 3(Reuters) - Pro Kapital Grupp  PKG1T.TL : 
    * Reported on Thursday that its Supervisory Council has 
approved issue of secured, callable, fixed rate bonds (the 
Bonds) 
    * Says will raise up to 50 million euros ($54.40 million) 
from the issuance of the Bonds 
    * Nominal value of the Bonds will be 100,000 euros 
    * The Bonds will carry interest at a fixed rate, which shall 
not be higher than 8 pct per annum 
    * Issue of the first tranche of the Bonds is expected to 
take place in April or May 
    * Final redemption of the Bonds will occur in five years 
after the issue date of the first tranche of the Bonds 
 
     
  
 Source text: http://bit.ly/1GmKB27 
     
 Further company coverage:  PKG1T.TL   
    
 
 
 
($1 = 0.9192 euros) 
 
 (Gdynia Newsroom) 
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