Glaverbel Czech plans to repay its bond issue four years ahead of schedule, spokeswoman Alena Janotkova said 17 May 2004. The firm has already filed a request for its bond issue to be withdrawn from t…
Glaverbel Czech plans to repay its bond issue four years ahead of schedule, spokeswoman Alena Janotkova said 17 May 2004. The firm has already filed a request for its bond issue to be withdrawn from the secondary market of the Prague bourse and the off-exchange stock market RM-System. The firm issued bonds worth CZK 3 billion in 2000. Originally the bonds, bearing floating interest, were to be paid back in 2008. The firm called a meeting of its bond holders for 21 June 2004. The reason for the early repayment was not revealed. The firm is 100% owned by the Glaverbel Group, the second largest producer of flat glass in Europe, which is in turn wholly-owned by Asahi Glass Co. Ltd.