Hrvatska Elektroprivreda waiting for indications from US accounts

31 Oct 2012

Investor meetings for Croatian national electricity company Hrvatska Elektroprivreda (HEP) have faced disruption due to the storm in the US, but the process was recovering on Wednesday, according to bankers.

“We are getting back on track now,” said a banker close to the transaction. Morgan Stanley and UniCredit are arranging the meetings, which were initially expected to finish on Thursday.

A debut bond for the Ba2/BB- rated company could still happen as early as Friday, but this depends on ...

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