Gorenje, d.d. has a silent period of 15 days before each quarterly financial report announcement. During the silent period the company will not arrange meetings with investors, analysts, or the media.
Velenje, Slovenia, 7.5.2013
Gorenje, d.d. is announcing a successful sale of 8-month commercial paper despite a tough macroeconomic environment which is present in Slovenia. Commercial paper with the identification code GRV01 bears a 4.45% interest rate and the total nominal value of the issue amounts to EUR 21m. The purpose of the issue is seasonal financing of business operations and diversification of short-term financing sources. EUR 4m of commercial paper GRV01 remains with the Slovenian Central Securities Clearing Corporation and Gorenje, d.d. intends to sell these remaining financial instruments within 150 days starting from the beginning of their interest accrual period (4/25/2013).