Public Property Invest raises EUR 300 million through bond
"This first EUR 300 million bond issue under the EMTN program marks a new chapter in PPI's short history. We are very grateful for the confidence shown to us by investors, which resulted in the program being approximately 5 times oversubscribed", said Ilija Batljan, Acting CEO of PPI.
The net proceeds of the bond will be used for general corporate purposes and to repay existing secured debt.
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