The first bond issue of the Romanian online retailer and producer of mobile phones and gadgets iHunt starts trading on Friday February 12 on BVB s Multilateral Transaction System

2/11/2021

Bucharest Stock Exchange (BVB) informs that on Friday, February 12th, the first bond issue of the Romanian online retailer and manufacturer of mobile phones and gadgets iHUNT (HUNT) will start trading on the BVB’s Multilateral Trading System (MTS). iHunt bonds will be traded under the HUNT23 ticker and ISIN RO9J4ZSS24K1.

The issue has a nominal value of RON 7mn and includes 70,000 bonds with a 3-yrs maturity and a face value of RON 100/ bond. The bonds were issued in November 2020 and have a fixed interest rate of 8.75% p.a., payable half-annually.

The company conducted a private bond sale at the end of October, carried out by SSIF TradeVille. Investors placed subscription orders worth over RON 10mn, compared to the target value of iHunt of RON 7mn. The bonds were issued in early November and were allocated to 63 retail investors.

SSIF TradeVille is the Authorized Advisor who assisted as well the listing of the bonds issue.

More information about iHunt bonds is available in the Memorandum prepared for admission to trading and published on the BVB website, at this LINK.