“Maximum initial maturity of notes issued under the Program: 7 years; the notes will be unsecured, non-convertible, governed by any applicable law and may be issued in any form and type; currency of the issuance of notes under the Program: EUR and/or RON and/or any other currency; interest applicable to the notes issued under the Program shall be fixed or variable or any other type of interest, depending on market conditions; notes can also be issued with or without discount,” the shareholders decided.
Romgaz shareholders include the Energy Ministry (70%), private pension funds and other investors.
Other items on the agenda of the meeting approved include getting a EUR250 million line of credit from Banca Transilvania and UniCredit.
(English version by Loredana Fratila-Cristescu)