Croatian
state-owned energy utility HEP said on Tuesday it has placed on the
international markets a $550 million (484.6 million euro) bond due 2022
at 6.125%.
The joint arrangers on the debt issue, which carries
an interest coupon of 5.875%, were Banca IMI S.p.A., UniCredit Bank AG,
and Morgan Stanley & Co. International plc., HEP said in a
statement.
Earlier this month, HEP told SeeNews it had offered
the holders of its bonds maturing on November 9, 2017, an option for
early redemption.
The bonds were issued on November 9, 2012, in the total amount of $500 million at 6%.
HEP
group owns and operates over 4,000 MW of installed generation capacity
and 974 MW of heat production capacity, including 25 hydroelectric
plants and eight thermal power plants fired by oil, natural gas or coal.
Source: SeeNews
Related content
Tuesday, 04 February 2025
Monday, 03 February 2025
Friday, 31 January 2025
Friday, 31 January 2025
