Bucharest Stock Exchange (BVB) informs that the corporate bonds of Bittnet (BNET), symbol BNET23, will start trading on the Alternative Trading System of BVB from November 28, 2018. The issue comprises 47,000 bonds, non-guaranteed, RON denominated, with a nominal value of RON 100, a maturity of 5 years, and a total value of RON 4.7 million. The yearly interest rate is fixed at 9 percent, payable quarterly. The admission to trading was made by Goldring as authorized consultant.
Bittnet is a Romanian IT entrepreneurial company, founded in 2007. The company offers IT courses, IT solution implementation services (network infrastructure, routing, switching, servers, datacenter, virtualization, security, telepresence or wireless), technical support services, while being focused on new technologies and innovation. In April 2015, Bittnet became the first IT Romanian company which was listed on BVB.