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Romania's Restart Energy One bond issue starts trading on Bucharest bourse


Romania s Restart Energy One bond issue starts trading on Bucharest bourse
Restart Energy CEO Armand Doru Domuta
BUCHAREST (Romania), April 21 (SeeNews) - Corporate bonds issued by Romanian electricity and natural gas supplier Restart Energy One in February started trading on the multilateral trading system (MTS) of the Bucharest Stock Exchange (BVB), the bourse said on Wednesday.
The funds raised at the beginning of this year through a private placement will be used for the development and acquisition of renewable energy production assets, the bourse said in a press release.
The 16.3 million lei ($4 million/ 3.4 million euro) issue of five-year bonds bears an interest rate of 9% per annum, payable semi-annually. It consists of 163,612 bonds of 100 lei in par value each. The bonds are convertible into shares starting with 2024 and can be redeemed early starting with the third year. ....

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Romania's Restart Energy raises 16.3 ln lei (3.34 mln euro) in green bond placement


Romania s Restart Energy raises 16.3 ln lei (3.34 mln euro) in green bond placement
Restart Energy CEO Armand Doru Domuta
BUCHAREST (Romania), February 4 (SeeNews) - Romanian energy provider Restart Energy said on Thursday it has raised 16.3 million lei ($4 million/ 3.4 million euro) from investors through a green bond placement.
The bond issue marks the company s entry into the capital market and is the first step in its development strategy for the next five years, it said in a press release.
The five-year bonds bearing 9% interest will be listed on the Bucharest Stock Exchange.
Restart Energy aimed to raise at least 3 million euro in the private placement. ....

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