The Financial Supervisory Authority approved the prospectus of the offer via which the company wants to raise EUR3 million.

The nominal value of a bond is EUR100 and subscriptions will take place between February 12-23.

The coupon rate is fixed throughout the entire term of the Bonds and it will be in between 9%-10%/year. The coupon will be paid on a quarterly basis.

The offer is brokered by SSIF Tradeville SA.

The company’s shares have lost 30% in the past year amid deals worth RON17.3 million and capitalization of around RON600 million.

(English version by Catalina Apostoiu)