Municipality of Bistrița

Bistrița Bond Issue III

Total Loan Amount Lei 35,000,000
Financial Advisor VMB Partners SA
Loan Characteristics Financial mechanism consisting of a “Bridge Loan” bank line of credit refinanced by a bond issue
Contracting Date 2006
Financial Mechanism Period 23 years
CNVM authorization of the Public Offer Prospectus Decision No 423 of 04.08.2006
Bridge Loan
Value Lei 35,000,000
Term 3 years
Grace Period 3 years
Interest Rate ROBOR3M + margin
Financing Bank Raiffeisen Bank
Bonds
Type of bonds nominal, dematerialized
Intermediary Raiffeisen Capital & Investment
Selling Group Raiffeisen Bank
Issuance guarantee Equity proceeds
Regulated exchange where the issue is listed Bucharest Stock Exchange
Stock exchange symbol under which the bonds are traded BIS29
Total Bond Maturity 20 years
Interest Rate (ROBID3M+ROBOR3M)/2 + 0.8% per annum; EURIBOR + 0.6% per annum
Total number of bonds issued 350000
Nominal value at issue 100 lei / bond
Selling Price 100 lei / bond
Total Value 35.000.000 lei
Subscription Period 13.10.2009 – 19.10.2009
CNVM authorization of the Public Offer Prospectus Decision No 713 of 01.10.2009
Investments made with the funds obtained from the loan Investment objectives of local interest

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