New ČD Cargo bonds

New ČD Cargo bonds
ČD cargo

The largest Czech rail freight carrier wants to get 1 billion CZK.

ČD Cargo has issued this week bonds with a total nominal value of EUR 40 million, with an issue price of 100% of the nominal value of the bonds, maturing on 31 December 2028, and with a fixed interest yield of 1.92% p.a.

The main investor was Všeobecná uvěrová banka, Prague branch, the main manager and administrator of the issue was UniCredit Bank Czech Republic and Slovakia.

Proceeds from this bond issue will be used for general corporate purposes, in particular for investment and development activities.

ČD Cargo is one of the five largest rail carriers within the EU member states. They provide services to customers in approximately 1,000 locations in the Czech Republic and Europe.

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