Slobozia municipal bond issue II

Municipiul Slobozia
Municipiul Slobozia
Total loan value 50.000.000 RON
Financial advisor VMB Partners SA
Loan features Hybrid structure consisting of "Bridge Loan" to be refinanced by bond issue proceeds
Issuing date 2007
Maturity 22 years
Notification of Local Loans Authorization Commission Decision no. 528 / 07.03.2007
Bridge Loan
Value 50.000.000 RON
Time period 2 years
Grace period 2 years
Interest rate ROBOR6M + margin p.a.
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
Bonds total maturity 20 years
Interest rate (ROBID6M+ROBOR6M)/2 + 0,9 bps p.a. EURIBOR6M + 0,8 bps p.a.
Total number of bond issues 500.000
Face value 100 RON
Trade value 100 RON
Total value 50.000.000 RON
Subscription period 09.10.2009 - 15.10.2009
CNVM authorization of the public offer prospect Decision no. 1398 / 28.09.2009
Capital investments Local Public Capital Program
Further information on public offer of the prospect of bond issue here. Here you can view the official page of Slobozia Town Hall.