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BRIEF-Rapala corporation issues EUR 25 million hybrid bond
May 24, 2017 / 1:38 PM / 4 months ago

BRIEF-Rapala corporation issues EUR 25 million hybrid bond

May 24 (Reuters) - RAPALA VMC CORP

* REG-RAPALA VMC CORPORATION ISSUES EUR 25 MILLION HYBRID BOND

* ISSUES A EUR 25 MILLION HYBRID BOND

* BOND BEARS A FIXED INTEREST RATE OF 5.375 PER CENT PER ANNUM UNTIL MAY 31, 2019

* HYBRID BOND HAS NO MATURITY DATE BUT ISSUER IS ENTITLED TO REDEEM HYBRID BOND AFTER 2 YEARS

* ISSUE DATE OF HYBRID BOND IS MAY 31, 2017 Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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