VGP taps retail bond market again for second €75m deal

By Jon Hay
26 Nov 2013

VGP, a Belgian property company that develops industrial parks in central and eastern Europe, issued its second retail bond in the Belgian market last week.

KBC Bank placed the €75m five year bond in just one day on Friday November 22, although the subscription period had been scheduled to run for a week.

The company is listed in Brussels and Prague, but the freefloat is only 6.3%. The other shares are controlled by ...

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