Mangalia municipal bond issue

Municipiul Mangalia
Municipiul Mangalia
Total loan value 1.000.000 RON
Financial advisor VMB Partners SA
Loan features Bond issuing
Issuing date 2001
Bonds type Municipal, nominative, dematerialized
Intermediary BCR Securities SA
Broker Banca Comerciala Romana
Collateral of bond issue Own revenues
Regulated market where the bond issuing is rated Bucharest Stock Market Exchange
Stock market symbol under which the bonds are tranzactioned MNG03
Bonds total maturity 2 years
Interest rate [(ROBID3M+ROBOR3M)/2]+2 bps p.a.
Total number of issued bonds 10000
Face value 100 RON
Trade value 100 RON
Total value 1.000.000 RON
Subscription period 01.11.2001 - 14.11.2001
CNVM authorization of the public offer prospect Decision no. 1643/25.10.2001
Capital investments Improvement of the pedestrian alley related to the cliff in the south area of Mangalia city and start constructing of the Callatis high school gym.
Further information on the public offer of the prospect of bond issue.