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Energy bonds receive strong reception
- From wire report
TALLINN - Estonia’s state-owned energy giant Eesti Energia carried out a bond deal on Jan. 23, borrowing an additional 100 million euros from the market, reports Public Broadcasting. The money will mostly be used to complete the building of the Auvere power station.Eesti Energua carried out a 300 million euro bond issue at the beginning of April 2012. This brings the eurobonds issued to a total of 400 million euros.The bond issue, which ends in October 2018, yields 2.181 percent.In terms of investor type, the allocation was - Fund Managers 63 percent, Pension Funds 28 pe...
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