The capital was secured through two private placements, one in euros and one in lei, conducted between October 14-25, 2024. The placements were managed by Tradeville, with Cornerstone Communications, TEILOR Holding’s Authorized Advisor, and Filip & Company, the Group’s legal counsel, providing support in the transaction. stated A total of 105 professional and qualified investors participated in the offering.
The lei-denominated corporate bonds have a nominal value of 100 lei per bond, a 5-year maturity, and a fixed interest rate of 9.5%, with semi-annual coupon payments. TEILOR Holding anticipates that the 74,160 lei-denominated bonds, with a total value exceeding 7.
4 million lei, will be tradable on the AeRO market of the Bucharest Stock Exchange before the end of the year under the symbol TEI29. The euro-denominated bonds have a nominal value of 100 euros per bond, a 5-year maturity, and a fixed interest rate of 8.5%, payable every six months.
The 29,275 euro-denominated bonds, totaling 2.9 million euros, will be listed on the AeRO market under the symbol TEI29E at the same time as the lei-denominated bonds. The offer, which closed on October 25th, 2024, marks TEILOR Holding’s second corporate bond issuance.
In December 2021, the company successfully raised 45 million lei through a similar structure, issuing bonds in both lei and euro. These bonds are now traded on the Bucharest Stock Exchange’s AeRO market under the symbols TEI26 and TEI26E. The 22 million lei rais.
