Sept. 24 (Bloomberg) -- Konzum d.d., a retail unit of Croatia’s biggest private company Agrokor d.d., said it will provide guarantees for seven-year bonds worth the equivalent of at least 475 million euros ($614 million).
The bonds, planned by Agrokor, will be denominated in euros or U.S. dollars, or in a combination of both currencies, Konzum said in a statement to the Zagreb stock exchange. Konzum is the biggest unit among other Agrokor subsidiaries, which will also provide guarantees for the bond sale.
Agrokor in April issued a 300-million euro bond, also guaranteed by Konzum.
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