Timis County municipal bond issue I

Județul Timiș
Județul Timiș
Total loan value 100.000.000 RON
Financial advisor VMB Partners SA
Loan features Hybrid structure consisting of revolving "Bridge Loan" to be refinanced by EU funds and/or bond issue proceeds
Issuing date 2008
Maturity 20 years
Notification of Local Loans Authorization Commission Decision no. 848 / 25.01.2008
Bridge Loan
Value 100.000.000 RON
Time period 3 years
Grace period 3 years
Interest rate ROBOR6M + margin p.a.
Financing bank BRD - Groupe Societe Generale SA
Municipal bonds
Bonds type Nominative, dematerialized
Intermediary BRD Securities - Groupe Societe Generale SA
Broker BRD - Groupe Societe Generale SA
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 TIM28
Bonds total maturity 17 years
Interest rate ROBOR6M + 0,39 bps p.a.; EURIBOR6M + 0,45 bps p.a.
Total number of bond issues 1.000.000
Face value 100 RON
Trade value 100 RON
Total value 100.000.000 RON
Subscription period 09.03.2011 - 15.03.2011
CNVM authorization of the public offer prospect Decision no. 188 din 24.02.2011
Capital investments Local Public Capital Program