Municipality of Bacău

Bacău Bond Issue I

Total Loan Amount Lei 3,500,000
Financial Advisor VMB Partners SA
Loan Characteristics Bond Issue
Contracting Date 2002
Obligations
Type of Bonds Municipal, registered, dematerialized
Intermediary BCR Securities
Selling Group Banca Comerciala Romana
Issuance Guarantee Equity income
Regulated exchange where the issue is listed Bucharest Stock Exchange
Stock exchange symbol under which the bonds are traded BAC05
Total Bond Maturity 2.5 years
Interest Rate [(ROBID6M+ROBOR6M)/2]+2% per annum
Total number of bonds issued 35000
Nominal value at issuance 100 lei/bond
Selling Price 100 lei/bond
Total Value Lei 3,500,000
Subscription Period 27.11.2002 – 10.12.2002
CNVM authorization of the Public Offer Prospectus Decision No 2145 of 22.11.2002
Investments made with the funds obtained from the loan Consolidation, modernization and refurbishment of the Bacovia Theatre in Bacau Municipality

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