The bank was appointed “in order to carry out the necessary activities, to assess the potential interest, as well as the market conditions under which the possible corporate bond issuance would be organized,” Simtel officials said.

The results of this evaluation will be presented only to the management of the company in order to analyze the opportunity of such issuance  and they will not be disclosed to the market, according to the report.

(English version by Loredana Fratila-Cristescu)