Get our rare newsletters
Contact GoalEuropeIf you have questions or need a consultation, get in touch.
Polish MCI Management, a venture capital firm and our sponsor, tells us that for the the second time this year, they have issued bonds which will allow them to raise funds for investing in growth and buyout. The bonds issues were issued for 3 years and have a variable coupon rate of WIBOR6M plus 4,5%, with interest paid semiannually. This latest news follows the issuance of 8,35 million Euro worth of H1-series bonds in April. The firm says that the money raised will be used specifically to finance investments by MCI.TechVentures and MCI.EuroVentures in IT companies (such as e-commerce, mobile internet, and cloud computing). In commenting on the news, MCI board member Wojciech Marcinczyk says that the capital obtained will allow them to invest in tech leaders in central Europe.
We have written about MCI quite a few times this year. We did a big introductory post about them back in March, but also had news last week about their investment in Russian OTA Travelata, about their acquisition of a share of Turkish IT-distributor Indeks Bilgisayar, and about their financial results for Q1 2013 and for 2012.
+44 (020) 3290 3544
vita at goaleurope dot com