Bistrita municipal bond issue III

Municipiul Bistrița
Municipiul Bistrița
Total loan value 35.000.000 RON
Financial advisor VMB Partners SA
Loan features Hybrid structure consisting of "Bridge Loan" to be refinanced by bond issue proceeds
Issuing date 2006
Maturity 23 years
Notification of Local Loans Authorization Commission Decision no. 423 / 04.08.2006
Bridge Loan
Value 35.000.000 RON
Time period 3 years
Grace period 3 years
Interest rate ROBOR3M + margin
Financing bank Raiffeisen Bank
Municipal bonds
Bonds type Nominative, dematerialized
Intermediary Raiffeisen Capital & Investment
Broker Raiffeisen Bank
Collateral of bond issue Own revenues
Regulated market where the bond issue is rated Bucharest Stock Exchange
Stock market symbol under which the bonds are tranzactioned BIS29
Bonds total maturity 20 years
Interest rate (ROBID3M+ROBOR3M)/2 + 0,8 bps p.a.; EURIBOR + 0,6 bps p.a.
Total number of bond issues 350000
Face value 100 RON
Trade value 100 RON
Total value 35.000.000 RON
Subscription period 13.10.2009 - 19.10.2009
CNVM authorization of the public offer prospect Decision no. 713 / 01.10.2009
Capital investments Local Public Capital Program
Additional information on the public offer of the prospect of bond issue. Here you can view the official page of Bistrita Town Hall.