Impact Developer & Contractor announces the successful and early termination of the private placement of corporate bonds. The bonds issued in a private placement held between 11 and 21 December (symbol IMP26E) are denominated in EUR, with a maturity of 6 years and a fixed annual coupon rate set by the issuer of 6.4% payable semi-annually. The value of the subscriptions made during the placement was EUR 6,581,500.
The nominal value of one bond is EUR 500. The minimum subscription in the investment was 50 bonds, the equivalent of EUR 25,000. Most subscriptions were made online through the TradeVille trading platform. The bonds are to be listed on the multilateral trading system operated by the Bucharest Stock Exchange.
“The decision to partner with TradeVille to increase liquidity and implicitly the interest for Impact was a good choice and, as a result, the announced investment was successfully completed. The Capital Market continues to be the central axis of our company’s development strategy”, said Sorin Apostol, General Director, Impact Developer & Contractor
