February 2, 2018 / 9:27 PM / 3 months ago

BRIEF-Intek Group Says KME AG Announced It Will Issue EUR 300 Mln Bond

Feb 2 (Reuters) - Intek Group Spa:

* SAYS KME AG, ITS MAIN INVESTMENT, ANNOUNCED THAT IT WILL ISSUE A EUR 300 MILLION BOND RESERVED TO INSTITUTIONAL INVESTORS DUE 2023 AT 6.75 PERCENT

* ‍PROCEEDS FROM OFFERING ARE EXPECTED TO BE USED TO REPAY EXISTING DEBT AND, IN GENERAL, FOR ACTIVITY OF KME GROUP​ Source text for Eikon: Further company coverage:

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