Bond Agrokora 10% ( XS0471612159 ) in EUR
Issuer | Agrokora |
Market price | 100 % ▲ |
Country | ![]() |
ISIN code |
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Interest rate | 10% per year ( payment 2 times a year) |
Maturity | 06/12/2016 - Bond has expired |
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Minimal amount | 50 000 EUR |
Total amount | 550 000 000 EUR |
Detailed description |
Agrokor was a large Croatian conglomerate that experienced a significant financial crisis and underwent a complex restructuring process involving debt restructuring and asset sales. A noteworthy fixed-income instrument, the bond identified by ISIN XS0471612159, has successfully reached its maturity and been fully repaid to investors. This specific debt issuance originated from Agrokor, a prominent Croatian conglomerate with significant operations primarily in the food production and retail sectors, making it a key economic entity within its issuing country, Croatia. Denominated in Euro (EUR), this bond offered a compelling annual interest rate of 10%, reflecting its risk-return profile within the market at the time of its issuance. The total size of this particular bond offering stood at a substantial 550,000,000 EUR, made accessible to investors with a minimum purchase threshold set at 50,000 EUR per lot. Its defined maturity date was December 6, 2016, with interest disbursements scheduled semi-annually, indicating a payment frequency of two times per year. Upon reaching its scheduled maturity date, the bond was observed to trade at 100% of its principal value on the market, signifying its successful and complete redemption, confirming that all outstanding principal amounts were returned to bondholders as per the terms of the original issuance. |