Semapa says starts 175 mln euro bond issue
Portuguese conglomerate Semapa has begun a 10-year, Euro 175m bond issue in a private placement, the company said on Friday. The issue was launched on Thursday, Semapa said in a statement. The issue is part of a debt restructuring of the timber-to-cement conglomerate, which includes Secil. Banco Espirito Santo and Caixa-Banco de Investimento led the issue.
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