The company will be selling bonds worth EUR6 million, with the possibility of extension up to EUR15 million, in a private placement, with a two-year period for the unfolding of the offer. The fixed nominal interest will be in the 5.9% – 6.4% range and payable on a half-yearly basis. Following the issue, bonds will be listed on the stock market. The bond issue will be brokered by TradeVille.
The bond issue was approved by the company’s shareholders in April 2020 and the company’s Executive Board decided the unfolding of the offer in its November 16 meeting.
Impact, with a market value of RON408 million, is 58% held by Gheorghe Iaciu and 15% by Andrici Adrian.
Its shares have been trading up 5.3% since the beginning of 2020, amid deals worth RON20.7 million.