Municipality of Slobozia

Slobozia Bond Issue II

Total Loan Amount Lei 50,000,000
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 2007
Financial Mechanism Period 22 years
Local Loan Authorization Commission Opinion Decision No 528 of 07.03.2007
Bridge Loan
Value Lei 50,000,000
Term 2 years
Grace Period 2 years
Interest Rate ROBOR6M + margin per year
Financing Bank Banca Comerciala Romana
Bonds
Type of bonds Nominative, dematerialized
Intermediary BCR Securities SA
Selling Group Banca Comerciala Romana
Issue Guarantee Equity income
Total Bond Maturity 20 years
Interest Rate (ROBID6M+ROBOR6M)/2 + 0.9% per annum EURIBOR6M + 0.8% per annum
Total number of bonds issued 500,000
Nominal value at issue 100 Lei / bond
Selling Price 100 Lei / bond
Total Value Lei 50,000000
Subscription period 09.10.2009 – 15.10.2009
CNVM authorization of the Public Offer Prospectus Decision No 1398 of 28.09.2009
Investments made with the funds obtained from the loan Investment objectives of local interest

 

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