BNET23A was the fourth corporate bonds issuance of Bittnet Group, second one carried out in 2018. BNET23A were the first issuance with the interest rate being payable on a half-yearly basis, following the feedback from the investors. The capital raised during this issuance fueled the acquisition of the IT&C Division of Crescendo International SRL to Dendrio Solutions, a Bittnet company. The transaction was completed on December 31st, 2018 and apart from the transfer of the IT&C equipment as well as all other assets that were needed to carry out the ongoing work, the deal also involved the transfer of 41 employees from Crescendo International to Dendrio.
Ticker ATS-AeRO: BNET23A
Interest: 9% p.a., payable half-yearly
Issue Date: 28.12.2018
Listing Date: 18.02.2019
Principal: 100 RON
Number of securities issued: 97,037
Value of issuance: 9,703,700 RON
For more details regarding the price evolution of BNET shares, please visit BVB website.
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