Friday, 13th January 2017, Velenje, Slovenia
Gorenje planning a fifth issue of commercial papers
Gorenje, d. d., is planning a fifth issue of commercial papers with expected issue size in the amount approximately up to EUR 40 million, with start of interest accrual date January 24, 2017 and maturity date December 22, 2017.
Gorenje will use the proceeds from the commercial papers issue for diversification of short-term financing, primarily for financing the seasonal operations, in accordance with the interim cash flow dynamics, and optimization of funding costs.
The company is presenting detailed information on the issue of commercial papers at the meetings with potential investors held on January 13, 2017 and on January 16, 2017.
Please find a presentation of Gorenje as the issuer and the issue of commercial papers attached herewith.
On behalf of Gorenje, activities regarding the issue and offering of commercial papers are managed by the company Alta Invest, d.d..
Disclaimer: The English text for all announcements is for information purposes only!