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Monbat boosts investment plans with EUR30m bond issue

Tue, 10/17/2017 - 09:23 -- News Editor
Monbat boosts investment plans with EUR30m bond issue

The board of Bulgarian lead-acid battery manufacturer Monbat has given the go-ahead for the firm to issue seven-year corporate bonds worth up to EUR30 million ($35.4m).

Monbat told Bulgaria’s Financial Supervision Commission that the decision, made on 10 October, will see the company issue up to 30,000 bonds with a nominal value of EUR1,000 each.

 

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