Bit Soft bonds worth EUR 1.5 million to start trading on BVB


Bucharest Stock Exchange (BVB) informs that on August 11th Bit Soft bonds will start trading on the Multilateral Trading System (MTS). Bit Soft is a developer and distributor of integrated end-to-end solutions for HoReCa. The company’s bonds worth EUR 1.5 million will be traded under the ticker BIT25E.

The listing of the bonds comes after a private placement of bonds took place between 5-6 July 2021, following which 15,000 unconditional, unsecured, non-convertible bonds were sold at a nominal value of 100 EUR / bond. The bonds were issued on July 9, 2021, maturing on July 9, 2025. The interest rate is fixed, 5.5% per year, payable quarterly.

The private placement and the listing were made with the support of BT Capital Partners.

More information about the company is available on the BVB website at this link.