“Possibility of early redemption: Yes. The Bonds are redeemable, in full but not in part, on the Issuer’s initiative, starting from the second year of the life of the Bonds, in which case the Issuer will pay the holders for each Bond held at the reference date a “clean” redemption price of 101% after the first year and 100.5% after the second year, “ the company says in its report.
The nominal value was set at EUR100/bond and the success condition is raising EUR2,000,000.
“Coupon Rate: a fixed nominal rate over the life of the Bonds, payable semi-annually on the Coupon Date. It will be determined based on investor interest and will be in the range of 9% – 10% (steps: 9%, 9.25%, 9.5%, 9.75%, 10%). Destination of funds: as determined by the Client by means of the Prospectus.
(English version by Loredana Fratila-Cristescu)