Thus, the entrepreneurial company wants to raise, via a private placement, funding through unconditional and unguaranteed, unsubordinated and nonconvertible corporate bonds in RON and/or EUR, in one or more installments, with a fixed or variable interest rate, as the case may be, with a maximum maturity of 5 years, having a total nominal value of up to 40 million RON or the equivalent of this amount in any other currency.
The offer regarding the issue of the new corporate bonds is brokered by Tradeville S.A..
At present, Teilor has two bond issues on the Bucharest Stock Exchange.
The estimated period of the offer is between October 10-October 23 and the nominal value of bonds stands at RON100, EUR100, respectively. The minimum expected subscription is of RON15,000 and EUR15,000.
Teilor recorded net profit normalized, corrected with the impact of operating expenses stemming from the consolidation mechanism (technical adjustments), in the amount of RON3.2 million, at the consolidated level, in the first half of 2024, down 76% year-over-year.
The normalized net margin dropped from 7.42% at the end of the first half of 2023 to 1.5% on August 30, 2024. The turnover totaled RON216.3 million, up 19% year-over-year, as per the company’s financial report published at the Bucharest Stock Exchange, where Teilor bonds are listed under the symbols TEI24E and TEI26E.
(English version by Catalina Apostoiu)