Bucharest City Hall lists bond issue on the Bucharest Stock Exchange worth RON 555 million

Bucharest City Hall (PMB) listed a new bond issue (PMB31) on the Bucharest Stock Exchange (BVB) on Wednesday, May 14, with a total value of RON 555 million (EUR 108.7 million). It is the eighth issue of the Municipality of Bucharest listed on the stock exchange in the last 10 years, and was subscribed by 26 institutional investors in a private placement in April.

The 55,510 registered, non-convertible, unsecured bonds, denominated in RON, have a nominal value of RON 10,000 (EUR 2,000), a fixed interest rate of 8.47% and a maturity of 6 years, up to April 23, 2031.