Romanian tech group Simtel receives go-ahead for EUR 30 mln corporate bond program
Simtel (BVB: SMTL), an engineering and technology group listed on the Main Market of the Bucharest Stock Exchange, announced on Thursday, June 19, that the Romanian Financial Supervisory Authority has approved the base prospectus for a…
Radu Dumitrescu · Journalist
· Updated · 2 min read
Simtel (BVB: SMTL), an engineering and technology group listed on the Main Market of the Bucharest Stock Exchange, announced on Thursday, June 19, that the Romanian Financial Supervisory Authority has approved the base prospectus for a corporate bond program of up to EUR 30 million.
The program allows Simtel to issue bonds in multiple tranches over time, denominated in RON or EUR, with fixed or variable interest rates, including structures linked to sustainability objectives. Each tranche is intended to be admitted to trading on the regulated market of the Bucharest Stock Exchange, with maturities of up to ten years.
