Norofert corporate bonds will start trading on BVB on June 5

Bucharest Stock Exchange (BVB) announces that on June 5 will start trading on Multilateral Trading System (MTS) the corporate bonds issued by Norofert, three months after the company’s listing on the AeRO market within the BVB MTS.

The bonds were bought through a private placement by 93 investors (88 individual investors and 5 institutional investors). The private placement and the admission to trading were carried out by Tradeville, as Authorized Advisor.

The company intends to use the funds attracted for expansion on the US market, more specifically for the approval of products in order to enter the US market. Norofert also intends to use the funds raised as working capital to support the growing demand for the company’s products, as well as the growing portfolio of services and product lines.