The issue was 242% subscribed and raised RON10.1 million, according to the report.
The bonds will be listed on the Stock Exchange under the symbol LIH28; they have a maturity of four years (16 quarters) from the date of issue, with an interest rate of 10% per annum, payable quarterly, and bear interest from the date of issue.
Life is Hard doubled its consolidated profit to RON7.16 million in 2023 compared with the previous year. Revenue increased by 23.8% to RON44 million. The group’s shares have gained 46.5% over the past year on a traded volume of RON14.4 million.
(English version by Loredana Fratila-Cristescu)