Nemo Express bonds will start trading on the Multilateral Trading System of the stock exchange on June 28th

6/25/2021

Bucharest Stock Exchange (BVB) informs that on Monday, June 28th, Nemo Express bonds will start trading on the Multilateral Trading System (MTS) of BVB under the ticker NEMO23E. Nemo Expres Logistic is a courier company with national coverage, established in 2013, with a number of 1,087 employees and collaborators, of which 330 are direct employees.

The company carried out in July 2020 a private placement of bonds totaling EUR 1.57mn. The bond issue includes 15,765 bonds, denominated in euros, with a nominal value of EUR 100/bond and an interest rate of 7% pe, with a maturity date on June 29th, 2023. According to the company, the funds will be used for business development, including investment in software, procurement of transportation & fuel or hiring additional staff, investments that will support the increase of the number of customers, the volume of goods transported and the increase of the market share. The listing was made with the support of Intercapital Invest, as Authorized Advisor.

More information about the company is available in the memorandum published on the BVB website at this LINK.