Dutch investor FMO issues 4-year bond
- Thursday, December 17, 2009, 19:10
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Microfinance Focus, Dec. 17, 2009: The Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. (FMO), a major investor in microfinance sector, has issued a 4 year bond under the €3 billion GMTN programme. The notional of the bond is US$100.000.000, with denominations of US$1 million. The bond will be listed on the NYSE Euronext exchange in Amsterdam, said a statement.
The Netherlands Development Finance Company (FMO) is the international development bank of the Netherlands. FMO invests risk capital in companies and financial institutions in developing countries. With an investment portfolio of €4.2 billion, FMO is one of the largest bilateral private sector development banks worldwide.
FMO says its mission is to create flourishing enterprises, which can serve as engines of sustainable growth in their respective countries.
© 2009, Microfinance News. All rights reserved. 2008-09
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