Eurotorg Raises 70 Million Rubles Through Bond Issues

Eurotorg, the operator of Belarus’ largest retail chain, is raising 70 million Belarusian rubles through bond issues.

The company has issued two bond series. The 35th issue has a volume of 50 million rubles and carries an annual interest rate of 11%. The securities are due to mature on July 19, 2029. They have already been admitted for trading on the Belarusian Currency and Stock Exchange.

The 34th issue has a volume of 20 million rubles and offers an annual interest rate of 11.2%. The securities are scheduled to mature on July 19, 2027.

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