BNET27A

BNET27A is the first public offer of corporate bonds of the Bittnet group, designed to facilitate access to this type of investment / savings instrument, by opening it to any interested person and by any preferred method: through the broker or directly to the issuer.

During the offer held between May 30 and June 21, 2023, interested parties had the opportunity to place and modify subscription orders in the price range of RON 96 – 104 / bond. Thus, 803 purchase orders were placed totaling 112,622 bonds with a total order value of RON 11,211,577. The issue price was set at RON 100, this being the level at which the overwhelming majority of purchase volumes were placed.

According to the Prospectus, the offer was not supplemented, so the amount raised in this financing round is RON 5,000,000 lei and the allocation is pro-rata, the allocation index being 0.5799993040. The financing obtained will be used for repayments of issues due in 2023 and for new M&A projects in the pipeline.

Similar to the other Bittnet bonds, BNET27A will be listed on the Bucharest Stock Exchange.

For more details regarding the price evolution of BNET shares, please visit BVB website.