The company has recently said it would launch a euro-denominated corporate bond issue with a total nominal value of up to EUR30 million, a five-year maturity and a fixed interest rate of 5.75% per year.
The proceeds of the issue shall be used to finance the Impact’s projects, the company said in a statement at the beginning of November.
Impact Developer & Contractor has a market capitalization of RON297.3 million.
The company reported operating income of RON102 million in the first nine months of 2017, down 17% on the year, and a net profit of nearly RON14 million, down 52% from the same period in 2016.