NNDKP in a Historical Bonds Issue
NNDKP announced today that it has assisted the Bucharest City Hall in the largest bonds issue in local currency to have ever taken place in Romania.
The approx. 500 million euro (2.2 billion RON) municipal bonds issue is the largest financing ever obtained on the local capital markets and the first bond issue in international format, comparable with those of other European municipalities.
Each of the 3, 5, 7 and 10 years maturity tranches have been admitted to trading on the Bucharest Stock Exchange regulated market (as of May 5th 2015).
This complex project was managed by a multidisciplinary team comprised of 15 lawyers and consultants (partners, managing associates, senior associates and tax advisors).
