The bond issue (HUNT25) has a maturity of four years and a fixed interest rate of 8.75% a year, payable half-yearly.
iHunt issued 70,000 four-year bonds with a face value of RON100. Subscriptions reached RON8.62 million.
The bonds will be listed on the Bucharest Stock Exchange’s multilateral trading system.
This is the company’s second bond issue, after a three-year bond sale in November 2020.
Founded in 2015, Ploiesti-based iHunt Technology (HUNT.RO) is a producer and supplier of mobile phones, gadgets and accessories.
In the first nine months of 2020, iHunt Technology had a turnover f RON26.65million, up 62% on the year, and a net profit of RON3.87 million.