Semapa, a Portuguese holding company specialising in cement, pulp and paper and the environmental services sector, has issued bonds worth €150million.
The company expects to pay annual gross interest of 6.85% and says it may increase the bond issue by March 20, 2012. The bonds will have a three-year maturity period and will be totally repaid by 30 March, 2015. The company will pay dividend of €0.255 per share.
