Municipality of Alba Iulia

Alba Iulia Bond Issue IV

Total Loan Amount Lei 32,000,000
Financial advisor VMB Partners SA
Loan Characteristics Financial mechanism consisting of a bond issue prefinanced by a “Bridge Loan” bank line of credit
Contracting Date 2007
Financial Facility Period 20 years
Local Loan Authorization Commission Opinion Decision No 776 of 06.09.2007
Bridge Loan
Value Lei 32,000,000i
Term 2 years
Grace Period 2 years
Interest Rate ROBOR6M + margin per year
Financing Bank Dexia Kommunalkredit Bank AG
Bonds
Type of Bonds Nominative, dematerialized
Intermediary BT Securities SA
Selling group BT Securities SA
Issuance Guarantee Own revenue
Total Bond Maturity 18 years
Interest Rate ROBOR6M + 0.55% per annum; EURIBOR6M + 0.70% per annum
Total number of bonds issued 320,000
Nominal value at issue 100 Lei / bond
Selling price 100 Lei / bond
Total Value Lei 32,000,000
Subscription Period 14.12.2009 – 18.12.2009
CNVM authorization of the Public Offer Prospectus Decision No 1671 of 02.12.2009
Investments made with the funds obtained from the loan Investment objectives of local interest

 

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