Predeal City

Predeal Bond Issue III

Total loan amount Lei 4,000,000
Financial Advisor VMB Partners SA
Loan Characteristics Financial mechanism consisting in the issuance of bonds prefinanced by a “Bridge Loan”
Contracting Date 2006
Financial Mechanism Period 21 years
Local Loan Authorization Commission Opinion Decision No 225 of 25.10.2005
Bridge Loan
Value Lei 1,970,000
Term 1 year
Grace Period 1 year
Financing Bank Banca Comerciala Romana
Bonds
Type of bonds Nominative, dematerialized
Intermediary BCR Securities SA
Selling Group Banca Comerciala Romana
Issue Guarantee Own revenue
Regulated exchange where the issue is listed Bucharest Stock Exchange
The stock exchange symbol under which the bonds are traded PRD26
Total Bond Maturity 20 years
Interest Rate [(ROBID3M+ROBOR3M)/2]+1.5% per annum
Total number of bonds issued 40,000
Nominal value at issuance 100 lei / bond
Selling Price 100 Lei / bond
Total value Lei 4,000,000
Subscription Period 15.06.2006 – 21.06.2006
LCNVM authorization of the Public Offer Prospectus Decision No 1290 of 05.06.2006
Investments made with the funds obtained from the loan Installation of snow-making equipment on the Clabucet slopes in Predeal – Phase II

Artificial snow-making equipment on the Clabucet slopes in Predeal – Phase II

Temporary social shelters

 

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