20:02 6 March 2022
Cavatina Holding places bonds worth over PLN 40 mln
Cavatina Holding has placed 3.5-year bonds in the public offering worth over PLN 40 million. Debt securities of one of the largest developers of office space in Poland will go to approx. 560 investors.
"The large group of individual investors who took part in the offer is a confirmation for us that the Cavatina Holding group's activities and its development plans are closely watched by more and more people. The conducted issue is the next stage of diversifying the sources of financing that we use to achieve the strategic goal, i.e. reaching 1 million sqm of the portfolio in 2025," Daniel Draga, Vice President of Cavatina Holding's Management Board, said.
As part of the P2022A series, Cavatina Holding offered bonds with a nominal value of PLN 1,000 and an interest rate based on WIBOR 6M increased by a margin of 6%. The coupon will be paid out every six months. The allotment of bonds is planned for March 8, 2022, and on March 11, 2022, the bonds are to debut on the Catalyst market.
(WBJ)
