On Monday, the Ministry of Finance launched the 12th issue of bonds, which can be ordered until Friday, September 17. In the previous issue, people ordered government bonds intended only for individuals for 4.54 billion crowns. The number of orders was 5,871. During 11 subscription periods, interest in savings bonds amounted to approximately CZK 33.2 … Read more
Businessman Jan Mička proposed insolvency for his next, eighth company. The company C2H Support, which according to the insolvency register owes approximately 94 million crowns, fell into an unmanageable debt trap. The situation is so serious financially that the debtor proposes a direct bankruptcy because he considers the reorganization to be impracticable. – C2H Support … Read more
Since mid-June, the Sekyra Group real estate group has been offering bonds through the public offer and for half a billion crowns. The pension wants to link to the development of new city districts in the very center of Prague, as well as to the residential projects Rezidence Opatov or Rezidence akovice. TK told Kateina … Read more
“Since the suspect had an economic education, he must have known that his business plan was unrealistic in advance,” Langmeier said in a criminal complaint available to the E15 daily. According to Langmeier’s calculation, the annual yield on Mičková bonds must have been between 11 and 17.5 percent. For the entire period, Miček’s C2H group … Read more
– The Commission can start borrowing for the Next Generation EU development plan, as all 27 EU countries have ratified the necessary decisions. The total amount is 750 billion euros in 2018 prices – or a good 800 billion euros after adjusting for inflation. The money is raised in the capital markets. Some of the … Read more
Die Laborkette Synlab has announced further details on its planned IPO. The financial investor’s company Cinven has set the price range for the IPO at 18 to 23 euros per share. The offer could total up to 1.48 billion euros. It consists of a capital increase of 22.2 million new shares and 27.5 million shares … Read more
The family company Grünenthal, whose treasury has been headed by Klaus Gerdes since the beginning of 2017, is apparently trying to improve its access to the capital market by obtaining credit ratings. Experience has shown that rated companies can tap the capital market more easily than issuers without a rating through the assessment of an … Read more
The German living has placed two green corporate bonds totaling 1 billion euros on the capital market for the first time. The bonds have an average term of 15 years and an average interest rate of 0.9 percent. According to the real estate company, the issue was significantly oversubscribed. Deutsche Wohnen intends to use the … Read more
– EZB The ECB appears to be less climate-friendly than assumed. – (Photo: dpa) – – – – Frankfurt According to a study, the ECB prefers climate sinners among companies with its rules for loan collateral for financial institutions. Around 59 percent of the corporate bonds that the ECB accepts from banks as pledges came … Read more
The software company Teamviewer has issued a borrower’s note worth EUR 300 million with a sustainability component. The interest margin on the loan is linked to the company’s development in the areas of environmental, social and governance (ESG). The tranches have terms of three, five, seven and ten years and were placed at the lower … Read more