Slovenia's Petrol Issues 32.8 Mln Euro Bond

Thursday, 22 June 2017

Slovenian fuel retailer Petrol [LJE:PETG] said on Thursday it has issued a seven-year bond with a face value of 32.8 million euro ($36.6 million).

The bond matures on June 21, 2024, and has a coupon rate of 1.20% p.a., Petrol said in a Ljubljana bourse filing.

The proceeds will be used for general purposes, CAPEX financing and optimizing the sources of financing provided that the current net debt/EBITDA level does not increase.

(SeeNews, June 22, 2017)

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