about us | newsletter | contact | archive | members area
Bogdan Badea, Hidroelectrica
There is a need for urgent cost optimization»

Bonds of Globalworth will start trading on Bucharest Stock Exchange on July 31

Bucharest Stock Exchange (BVB) informs that the bonds of Globalworth will start trading on the main market on July 31, 2017, and are defined by the following: 5,500 bonds, nominative, dematerialized, freely transferable, at a nominal value of 100,000 Euro and a total value worth 550 million Euro.

2017-07-27 14:54:15

The fixed interest rate which will be paid yearly is 2.875 per cent, while the maturity date is set for June 20, 2022. Trading in these bonds is executed in Euro (as the nominal value is defined in Euro) and their settlement is carried out in RON.

Based on the nominal value expressed in Euro, gross price (%) and volume introduced for an order entered for these bonds, the BVB's system automatically calculates the order's value expressed in Euro as well as a corresponding value expressed in RON, considering the currency rate set by BNR (National Bank of Romania) which is valid for that trading session. The trade resulted, having the value expressed in RON, is sent to Central Depository for performing the settlement in RON, using the usual procedure.

Globalworth is a real estate investment company operating in Central and South-Eastern Europe, focusing mainly on the Romanian market. The company is managed by about 70 professionals and its portfolio includes high quality real estate investments located in Romania, with an estimated value of 983.3 million Euro on March 31, 2017.



COMMENTS
There are 0 comments:

 
ADD A COMMENT
 
Name
Email
Comment
Validation Code
   
 
 

0 Comments  |  2261 Views
Daily Info
EIB offers Romania 13 billion Euro financing in 25 years

The European Investment Bank (EIB) has granted Romania 13 billion Euro worth of loans since starting its operations in the country, in 1992, according to a report of the insti...

Germanos stores in Romania rebrand into Telekom

Telekom Romania, the second-biggest telecom group on the local market, has started the rebranding process of the Germanos shops into Telekom.

OMV Petrom doubled its profit last year

OMV Petrom had a 2.49 billion RON profit in 2017, more than double than it had recorded in 2016 (1.04 billion RON), according to a report by the company.

Complet Electro Serv appoints Cristian Laza as new CEO

Complet Electro Serv, part of Altex Romania, has appointed Cristian Laza as CEO of Complet Electro Serv, producer and distributor of electric-IT equipments.

Mol Group posts highest profit in a decade in 2017

Mol Group announced its financial results for 2017. Mol increased its EBITDA by 14 per cent outperforming its 2017 target on the back of a strong financial and operational del...

 
 
   
advertising

advertising

advertising

advertising

More on