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Croatia’s IGH Supervisory Board OKs Convertible Bond Issue

25.5.2012 18:24:00 | Author/Source www.seenews.com

Croatian civil engineering company IGH [ZSE:IGH-R-A] said on Friday its supervisory board has approved the issuing of bonds that can be converted into shares up to the amount of 195 million kuna ($32 million/26 million euro).

The IGH management has been authorised to issue by June 6 bonds as registered securities in intangible form with a nominal value of 1.0 euro each, the company said in a statement posted on the website of the Zagreb Stock Exchange.

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