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DFF - Project Kaptol

Sector: Government • Location: Croatia

Source: European Bank for Reconstruction and Development (EBRD)

Project
Signed

The EBRD participated in a HRK 300m, 5-year local bond issue (the "bond") by Atlantic Grupa d.d. (the "company"), with the total amount of HRK 20.62 million invested. The bond has bullet repayment and fixed semi-annual coupons. The proceeds of the bond will be used to refinance the company's existing HRK 200m corporate bond and for general corporate purposes including financing of certain capital

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Project Information

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The project “DFF - Project Kaptol” is an infrastructure initiative in the Government sector, located in Croatia. Taiyo aggregates data on it from European Bank for Reconstruction and Development (EBRD).

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Participants

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Company

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Status

Original status

signed

Taiyo status

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Taiyo last update

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Contact

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Email

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Address

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Description

Description

The EBRD participated in a HRK 300m, 5-year local bond issue (the "bond") by Atlantic Grupa d.d. (the "company"), with the total amount of HRK 20.62 million invested. The bond has bullet repayment and fixed semi-annual coupons. The proceeds of the bond will be used to refinance the company's existing HRK 200m corporate bond and for general corporate purposes including financing of certain capital expenditures. The company's performance has been resilient to the COVID-19 crisis thanks to the nature of its assortment, high brand recognition and well organised logistics system. However, a prolonged period of crisis and a lack of certainty over further restrictions pose risks to the company's operations.

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Original Currency

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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Article Published Date

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