Friday, 26th April 2013, Velenje, Slovenia

Gorenje successfully issues 8-month commercial papers with a total face value of EUR 21 million

On April 25, 2013, Gorenje, d. d., successfully issued 8-month commercial papers with a total face value of EUR 21 million and an interest rate of 4.45%. By issuing the commercial papers, Gorenje is diversifying its short-term debt and managing the interim oscillations in free cash flow generation.
The entire issue includes 21,000 units with denominations of EUR 1,000, which were subscribed by 54 investors. Commercial papers will be issued in the central register of the KDD – Central Securities Clearing Corporation, and they will be freely transferable.
Commercial papers were issued through a public offering for which the rules on publication of a prospectus and other rules and regulations regarding public offerings of securities as stipulated in Chapter 2 of the Financial Instruments Market Act do not apply.
All services and activities regarding the organization and progress of the first offering of commercial papers in dematerialized form, registration with the central register of KDD, and listing in the regulated market are rendered for Gorenje by ALTA Invest, investicijske storitve (Investment services), d.d.
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