Last update: 28.03.2024 14:28 (GMT+2)

Olainfarm has made a borrowing of 1,600,000 USD against short-term discount bills

29.12.1997, Olainfarm, RIG

On December 22, 1997, a/s 'Olainfarm' has made a borrowing of 1,600,000
USD against short-term discount bills registered at the Latvian Central
Depository. The bills are securitised. Face value of one bill is
100,000 USD, and maturity date is June 22, 1998. All the sixteen bills
were purchased by Hansapank Ltd.
The borrowed funds will be used to pay for 'Endokrininiai Preparatai'
shares.
The registering and paying agent is a/s 'Hansabank Latvija'.

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