Bloomberg News

Agrokor’s Unit in Croatia to Guarantee 300 Million-Euro Bonds

April 17, 2012

Konzum d.d., a retail unit of Croatia’s biggest private company Agrokor d.d., said it will provide guarantees for seven-year bonds worth the equivalent of at least 300 million euros ($394 million).

The bonds, planned by Agrokor, will be denominated in euros or in U.S. dollars, or in a combination of both currencies, Konzum said in a statement to the Zagreb stock exchange. Konzum is the biggest unit among other Agrokor subsidiaries, which will also provide guarantees for the bond sale.

To contact the reporter on this story: Jasmina Kuzmanovic in Zagreb at jkuzmanovic@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net


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