The bonds have an annual fixed interest rate of 5.75% and a five-year maturity and the minimum subscription is ten bonds, according to information provided by company on the website of the Bucharest Stock Exchange.
The proceeds will be used to fund the company’s projects, Impact said in a statement early November. The company has a market capitalization of RON297.3 million.
Impact reported an operating income of RON102 million in January-September 2017, down 17% on the year, and a net profit of nearly RON14 million.