Sonae Indústria announces issuance of bond loan
Jul 04, 2006. Sonae Indústria, SGPS, SA has issued a 7-year term bond loan.
Jul 04, 2006. /Lesprom Network/. Sonae Indústria, SGPS, SA has issued a 7-year term bond loan, in the amount of Euro 50 000 000, through a private placement, without guarantees, organized by Caixa Geral de Depósitos Group. Through this transaction, Sonae Indústria, SGPS, SA has achieved an additional long-term financing, which fits the cashflow generation profile from the ongoing investments.
Sonae Indústria is the most important Portuguese group of companies manufacturing wood based products.