The offer is brokered by TradeVille and was approved by BestJobs shareholders on April 9.
The company is offering five-year maturity corporate bonds denominated in lei with a fixed annual interest of 4.5%-5.8%, to be determined depending the subscription rate. The interest will be payable half-annually.
The bonds have a nominal value of EUR500/bond and the company intends to sell at least 10,000 JOBS26E bonds. The minimum subscription required per investor is EUR 20,000 (40 bonds).
BestJobs Recrutare seeks to raise a minimum of EUR2 million to consider the bond issue succesful.
The company is 99.99% owned by Neogen SA, in turn owned 67% by Calin Fusu, 13.5% by Nagy Vajda Andras Peter, 10.9% by Bodo Zoltan Ferenc, and 8.6% by Robert Laszlo.
BestJobs Recrutare ended 2019, the most recent data available, with a turnover of RON30.6 million, 9.5% higher compared with 2018, and a net profit of RON7.85 million, 6.4% higher on the year, according to finance ministry data.