Ghelamco issues bonds for individual investors

Property developer Ghelamco has announced it would carry out at PLN 50 million bond issue directed to individual investors. It will be part of a broader issue program worth a total of PLN 250 million, the company said in a press release. The securities will have an interest based on the six-month WIBOR rate plus a 3.5 percent margin. They will mature in June 2019. Subscriptions for the bonds will take place on November 26 – December 9. The company wants to list them on the regulated market of the Warsaw Stock Exchange.