Alba Iulia municipal bond issue II

Municipiul Alba Iulia
Municipiul Alba Iulia
Total loan value 2.400.000 RON
Financial advisor VMB Partners SA
Loan features Bond issuing
Issuing date 2003
Municipal bonds 
Bonds type Municipal, nominative, dematerialized
Intermediary BRD Securities SA
Broker Banca Romana pentru Dezvoltare 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 ALB06
Bonds total maturity 3 years
Interest rate [(ROBID3M + ROBOR3M)/2]+2 bps p.a.
Total number of issued bonds 24000
Face value 100 RON
Trade value 100 RON
Total value 2.400.000 RON
Subscription period 01.10.2003 - 14.10.2003
CNVM authorization of the public offer prospect Decision no. 3200 / 18.09.2003
Capital investments Fixing B-dul 1 Decembrie 1918 Rehabilitation water networks Land acquisition with the purpose of building homes, destined for renting Improvement of Central Zone (restoring crosswalks, improving parking lots, and improving urban amenities)
Additional information on the public offer of the prospect of bond issue. Here you can view the official page of Alba Iulia City Hall.