Croatia's HEP Offers Investors Early Redemption of $500 Mln 5-Yr Bond

Croatian state-owned energy utility HEP said on Friday it has 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 (441.4 million euro) at 6%, a spokesperson for HEP told SeeNews in an email.

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