The bond issue should stand at EUR200,000 to EUR5 million or the equivalent thereof in any other currency, with a minimum maturity of one year and maximum maturity of five years, and an 8% to 12% yield, Meta Estate Trust said in a report to the Bucharest Stock Exchange. The nominal value of a bond may not be less than RON2.5.
Meta Estate posted RON15 million revenue in the first three quarters of last year, an increase of 35% on the year-earlier period and RON7 million net profit, 90% higher, its latest report to the Bucharest Stock Exchange shows.
Its shares have lost 13.2% in the past year on a RON16.6 million traded volume.
(English version by Loredana Fratila-Cristescu)