Predeal municipal bond issue III

Orasul Predeal
Orasul Predeal
Total loan value 4.000.000 RON
Financial advisor VMB Partners SA
Loan features Hybrid structure consisting of prefinanced bond issue by bank credit line "Bridge Loan" type
Issuing date 2006
Maturity 21 years
Notification of Local Loans Authorization Commission Decision no. 225 / 25.10.2005
Bridge Loan
Value 1.970.000 RON
Time period 1 year
Grace period 1 year
Financing bank Banca Comerciala Romana
Municipal bonds
Bonds type Nominative, dematerialized
Intermediary BCR Securities SA
Broker Banca Comerciala Romana
Collateral of bond issue Own revenues
Regulated market where the bond issue is rated Bucharest Stock Exchange
Stock market symbol under which the bonds are tranzactioned PRD26
Bonds total maturity 20 years
Interest rate [(ROBID3M+ROBOR3M)/2]+1.5 bps p.a.
Total number of issued bonds 40.000
Face value 100 RON
Trade value 100 RON
Total value 4.000.000 RON
Subscription period 15.06.2006 - 21.06.2006
CNVM authorization of the public offer prospect Decision no. 1290 / 05.06.2006
Capital invesments Snow making equipment on Clabucet ski tracks in Predeal-phase II Artificial snow making equipment on Clabucet ski tracks in Predeal-phase II Temporary social shelters
Additional information on the public offer on the prospect of emission. Here you can view the official page of Alba County Council.