The first bond issue of the cleaning maintenance and security provider for buildings Utilitech Services will start trading Friday February 26th on BVB Multilateral Trading System

2/25/2021

Bucharest Stock Exchange (BVB) informs that on Friday, February 26th, the first bond issue of the Romanian provider of cleaning, maintenance and security services for buildings Utilitech Services will start trading on the BVB’s Multilateral Trading System (MTS). The bonds will be traded under the ticker UTS23 and ISIN ROJ04R1KSSU0.

The issue has a nominal value of almost RON 4.9mn and includes 48,835 bonds unguaranteed, RON denominated, with a face value of RON 100/bond. The bonds have a 3-yrs maturity and a fixed interest rate of 8.5% p.a., payable annually. The bonds were subscribed by 102 investors and will reach maturity in March 2023.

Intercapital Invest carried out the listing of the bonds on the AeRO market, as an Authorized Advisor. Intercapital Invest will continue to assist Utilitech Services for the next 12 months, following the listing of bonds, to meet investor reporting and information requirements.

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