Libra Internet Bank bond issue will start trading on Bucharest Stock Exchange

Libra Internet Bank bond issue will start trading on BVB Multilateral Trading System (MTS) on 3 September 2020.

The bank attracted EUR 4.29mn, through a private placement for subordinated bonds, unsecured and denominated in EUR, and conducted on the capital market between March 17th and 23rd, 2020.

There are 8.593 of bonds at a face value of EUR 500 at a 5% p.a. interest (payable on a half year basis).

The private placement for Libra Internet Bank bonds was intermediated by TradeVille.

The bonds were subscribed by 27 investors, of which 2 are institutional investors and 25 retail investors (one legal entity and 24 individuals).

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