The percentage interest rate that applies to the term deposit is 9.95% per annum and the maturity date is January 6, 2023.
“We specify the fact that, on 05.08.2022, SNN has constituted deposits with EXIMBANK SA, in the cumulated value of 576,830,000 lei (Appendix no. 1), the amount exceeding 5% of the value of SNN’s net assets, as well as 10 % of the net turnover related to the last annual financial statement, reason for which, in accordance with the provisions of art. 108 of Law 24/2017 with subsequent amendments and completions and with the provisions of art. 234 letter i) of the ASF Regulation no. 5/2018, SNN has the obligation to report including the cumulative value of these transactions,” Nuclearelectrica said in its stock market report.
The report also shows that Nuclearelectrica has placed with Eximbank the following deposits since August 2021: RON73.4 million placed on August 13, 2021, maturing on Aug 12, 2022 and carrying an annual interest rate of 2.5%; RON80 million placed on August 16, 2021, maturing on Aug 16, 2022 and carrying an annual interest rate of 2.5%; RON71 million placed on April 21, 2022, maturing on October 21, 2022 and carrying an interest rate of 5.9%; RON53.5 million placed on June 24, 2022, maturing on January 16, 2023 and with an annual interest rate of 9.1%; RON100 million placed on July 27, 2022, maturing on January 26, 2023, with an annual interest rate of 9.95%, and the deposit announced on Friday (Aug 1).