Romanian organic fertilizers manufacturer Norofert issues RON 7 mln in bonds to fund expansion in U.S. and Brazil
Norofert (BVB: NRF), a Romanian producer of organic agricultural inputs, has issued RON 7 million (EUR 1.4 million) in bonds under the Multilateral Trading System of the Bucharest Stock Exchange (BVB), the company said on Monday.
Andrei Chirileasa · Journalist
· Updated · 2 min read
Norofert (BVB: NRF), a Romanian producer of organic agricultural inputs, has issued RON 7 million (EUR 1.4 million) in bonds under the Multilateral Trading System of the Bucharest Stock Exchange (BVB), the company said on Monday.
The issuance, identified under the ticker NRF29, consists of 69,503 unsecured and non-convertible bonds, each with a nominal value of RON 100 and an annual interest rate of 10%, payable semi-annually. The bonds, which mature in 2029, were brokered by TradeVille, one of Romania’s leading brokerage firms.
