Oriola-KD Corporation issues a EUR 40 million hybrid bond. The bond bears a fixed interest rate of 7.00 per cent per annum until 20 February 2017 and a floating interest rate thereafter. The hybrid bond has no maturity date but the issuer is entitled to redeem the hybrid bond after three years. The settlement date of the hybrid bond is 20 February 2014. The hybrid bond is aimed at institutional investors.
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