Croatian street food chain Koykan seeks EUR 3 million via bond sale for regional expansion

Croatian restaurant chain Koykan is aiming to raise EUR 3 million through a corporate bond issue to support its expansion plans across Central and Eastern Europe. The funding will help open new company-owned and franchise-operated outlets in seven countries over the next three years.

According to Dino Besic, Head of Marketing and Sales, 58% of the target amount has already been subscribed, with the offer still open to retail investors.

The bond carries an annual interest rate of 8%, paid semi-annually, and has a three-year maturity. Investors can choose between a standard bond with a EUR 1,000 minimum or a convertible bond—offering co-ownership in the company—with a minimum of EUR 50,000.

Koykan plans to launch 15 new locations by the end of 2026 in Germany, Austria, the Czech Republic, Slovakia, Hungary, Slovenia, and Croatia.