Norofert corporate bonds will start trading on Friday, June 5th, on BVB Multilateral Trading System (MTS), three months after the company’s listing on the AeRO market within the BVB MTS.
The bonds were bought through a private placement by 93 investors (88 individual investors and 5 institutional investors).
The private placement and the admission to trading were carried out by Tradeville, as Authorized Advisor.
Norofert will use funds for expansion on the US market
The company intends to use the funds attracted for expansion on the US market, more specifically for the approval of products in order to enter the US market.
Norofert also intends to use the funds raised as working capital to support the growing demand for the company’s products, as well as the growing portfolio of services and product lines.