The BRK bonds will be corporate, unsecured and non-convertible bonds, maturing in five years and with a coupon of 7.6% a year.
The funds raised will be used for ensuring working capital for expansion of the market-making activity and diversification of the structured product portfolio and other investment activities.
The bonds subscribed will be possible to trade on the Regulated Market of Bucharest Stock Exchange.
BRK Financial group has a capitalization of RON116.5 million. Its shares have gained 320.7% since the beginning of the year, following transactions of RON74.7 million, Bucharest Stock Exchange data show.
(English version by Loredana Fratila-Cristescu)