Company Green Development, which implements famous project “Mtsvane Ubani Listan”, announced on issuance of securities.
The company made emission of 50 bonds of 2 million USD. Nominal value per share is 40 000 USD, annual interest rate – 11%.
Maturity of the securities is determined by 2 years, their placement is scheduled by October 16, 2017. The company plans to list bonds at the Stock Exchange as well, where secondary trade will be possible