Teak Holz issues convertible bond with value of EUR 10 million

IndustrialsOther Industrials ♦ Published: September 1, 2010; 16:51 ♦ (Vindobona)

The bond matures in five years and bears a coupon of 5 percent.

Teak Holz issues convertible bond with value of EUR 10 million / Picture: © Vindobona.org

Teak Holz International AG, an Austrian company based in Linz, specialises in sustainable teak forestry investments in Costa Rica.

Teak Holz International AG concentrates on finding and afforesting land suitable for the production of the exotic wood teak (plantation development), the maintenance and cultivation of the teak plantations (operations) and the marketing of…

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