Municipality of Lugoj

Lugoj Bond Issue II

Total Loan Amount Lei 3,500,000
Financial Advisor VMB Partners SA
Loan Characteristics Bond issue
Contracting Date 2006
Local Loan Authorization Commission Opinion Decision No 429 of 04.08.2006
Bonds
Type of Bonds Municipal, registered, dematerialized
Intermediary BRD Securities – Groupe Societe Generale SA
Selling Group BRD – Groupe Societe Generale SA
Issue Guarantee Own revenue
Regulated exchange where the issue is listed Bucharest Stock Exchange
Stock exchange symbol under which the bonds are traded LGJ14
Total Bond Maturity 8 years
Interest Rate (ROBID3M+ROBOR3M)/2+0.95% per year
Total number of bonds issued 35,000
Nominal value at issuance 100 Lei / bond
Selling Price 100 Lei / bond
Total Value Lei 3,500,000
Subscription Period 31.10.2006 – 13.11.2006
CNVM authorization of the Public Offer Prospectus Decision No 3248 of 19.10.2006
Investments realized with the funds obtained from the loan Upgrade of Lugoj municipal roads

 

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