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Transelectrica on Wednesday launched first issue of corporate bonds, worth 200 million lei

Transelectrica on Wednesday launched the first issue of corporate bonds worth 200 million lei (about 44.9 million euros at the current exchange rate), with five-year maturity, according to a release the company sent to the Bucharest Stock Exchange. The annual interest rate ranges between 5.40 percent and 6.40 percent and the face value of a bond is 10,000 lei.The offer is valid on December 11-18, 2013 and the intermediary is ...

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