Interest in the Cetin Group’s euro bonds was high among investors.
SCetin Group, which is controlled by the largest domestic investment group PPF, has subscribed for five-year bonds in the amount of EUR 500 million (CZK 12.25 billion). This is the first issue of euro bonds by a private company from Central and Eastern Europe and the second after the semi-state energy group ČEZ after the Russian invasion of Ukraine. “The proceeds from the issue will be used to refinance Cetin Group’s existing bank loans,” adds Juraj Šedivý, the group’s executive director.
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