Notice on potential participation of International Finance Corporation in subscription of Notes
Zagrebački holding d.o.o. (the "Issuer") intends to issue sustainability-linked bonds with a total nominal amount of up to EUR 305,000,000, with a fixed annual interest rate and semi-annual interest payments and one-off maturity of the principal after five years with the ticker ZGHOO-287A and the ISIN HRZGHOO287A8 (the "Notes").
The proceeds of the Notes will be used to refinance the obligations of the Issuer under its existing notes, ticker ZGHO-O-237A, ISIN: HRZGHOO237A3, which shall become due and payable on 15 July 2023. The obligations of the Issuer under the Notes will be guaranteed by the City of Zagreb. On 4 July 2023, the International Finance Corporation ("IFC") informed the Issuer that it had obtained a final approval to commit to subscribe for Notes in an aggregate principal amount of up to EUR 90 million subject to the terms of the issue being in line with such IFC approval.
The terms of IFC’s investment in the Notes will not restrict the ability of IFC to buy or sell Notes in the future (or to subscribe for additional Notes during the public offering of the Notes) and, as a result, IFC may buy or sell the Notes in open market transactions at any time following the completion of the public offering of the issuance of the Notes.
Source of information:
Zagrebački holding d.o.o.
Ulica grada Vukovara 41,
Kontakt:
tel.: +385 1 6420-888
Mob.: +385 (0)91 256 2002
E-mail: sabina.cvitkovic@zgh.hr
web: www.zgh.hr