Czech power company CEZ AS (BAACEZ.PR) said Monday it issued EUR6 million zero coupon note with a 30-year maturity to one investor.
The yield is the difference between value of bond at issue, EUR1.07 million, and its face value, EUR6 million, spokeswoman Eva Novakova said.
Last week CEZ sold a 30-year, Y12 billion bond to one investor in a private placement. That issue was swapped into euros and carries a coupon of 3.005%. Citigroup Global Markets Ltd, a unit of Citigroup Inc. (C), was the sole manager of that issue.