Restart Energy, a Romanian independent supplier of electricity and natural gas, has raised RON 16.36 million (some EUR 3.35 million) through a green bond offer conducted between January 20 and February 3, 2021.
The bond issue, which marks the company’s entry on the capital market, was oversubscribed and closed early, only ten days after launch. The offer’s value was RON 15 million (about EUR 3 million), with the possibility of supplementation.
The company will pay a yearly coupon of 9% for the five-year bonds. It will also initiate the steps for listing the bonds on the Bucharest Stock Exchange. Local brokerage firm Goldring managed the offer.
(to continue reading, visit romania-insider.com, 05 February 2021)
