Murapol issues bonds worth PLN 45 mln
14:43
Residential developer Murapol has issued and allocated 45,000 unsecured S series bonds for the total amount of PLN 45 million, the company said.
The maturity is 36 months, the interest period is six months plus a margin of 6 percent per year, a statement read.
The money raised will be earmarked for new investments, refinancing and real estate acquisition, the company also said.
Murapol is a Polish investment holding operating in the housing estate sector. In 2015, the developer sold 2,400 apartments across the country and in Q1 2016 sold another 700. The company has been active on this market since 2001.
