Subscriptions for the third block of Echo Investment’s bonds for individual investors enjoyed a lot of interest. C-series including securities with a total nominal value of PLN 75 mln sold out within a week.
Echo Investment shortened the subscription period to the 11th of September of this year while the original subscription period was supposed to end on the 25th of September this year. The interest on 750,000 three-and-a-half-year C-series bonds is based on the WIBOR 6M rate plus a margin of 3.15 pct. “We are very happy with another extremely successful bond issue of Echo Investment. Such quick sale is another confirmation of a revival on the investment market and the trust placed in us by investors who invest their funds on the bond market,” says Grzegorz Iwański, director of Echo Investment"s Funding Department. In June and July this year Echo Investment issued A- and B-series bonds which sold out just as fast. Securities with a total value of PLN 75 mln (A-series – PLN 50 mln and B-series PLN 25 mln) sold out within only a few days. Details of Echo Investment"s bond programme are available at echo.com.pl.