May 22, 2017 / 7:10 AM / 3 months ago

BRIEF-Giglio Group issues one year bond for EUR 1 mln

May 22 (Reuters) - GIGLIO GROUP SPA:

* SAID ON FRIDAY THE BOARD APPROVED THE "GIGLIO GROUP TF 2,9% MAG18 EUR" BOND FOR A TOTAL AMOUNT OF EUR 1 MILLION

* IT CONSISTS OF 10 BEARER BONDS OF A PAR VALUE OF EUR 100,000 EACH FOR A TOTAL OF EURO 1 MILLION AND SHALL BE FULLY SUBSCRIBED BY BANCA SELLA SPA

* THE BOND WILL BE ISSUED ON MAY 26, 2017, WITH ONE YEAR DURATION AND AT AN INTEREST RATE OF 2.9%

Source text: reut.rs/2rsdSc0

Further company coverage: (Gdynia Newsroom)

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